The COVID-19 Conundrum in the Developing World: Protecting Lives or Protecting Jobs?

Arbeitspapier

It is almost certain that the world economy is entering a recession of historic proportions; how bad things get will depend on how governments manage the Covid-19 pandemic. At the core of the problem lies a very difficult choice: whether to "flatten the curve" of the epidemic or whether to flatten the curve of the recession. It is unlikely that both can be achieved and, in this case, it is better to address the tradeoff heads-on rather than try to ignore it or assume it doesn't exist. Because developing countries are less prepared to deal with the consequences of an economic downturn, they might not be able to afford "social distancing" policies for extended periods.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 13136

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Demand and Supply of Labor: General ; Informal Labor Markets ; Particular Labor Markets: Public Policy
• Thema: COVID-19 ; jobs ; labor and development ; developing countries ; dynamic optimization

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Robalino, David A.
• Ereignis: Veröffentlichung
• (wer): Institute of Labor Economics (IZA)
• (wo): Bonn
• (wann): 2020

Weitere Informationen

• Handle: http://hdl.handle.net/10419/216448
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ