The Global Macroeconomic Impacts of COVID-19: Seven Scenarios

Published: March 16, 2020 | By Warwick McKibbin† and Roshen Fernando‡ | Library item

The scenarios in this paper demonstrate that even a contained outbreak could significantly impact the global economy in the short run. These scenarios demonstrate the scale of costs that might be avoided by greater investment in public health systems in all economies but particularly in less developed economies where health care systems are less developed and population density is high.