The same in other media
Covid-19’s hit on global trade and output
Reading now: 676
The study by Maryla Maliszewska of the World Bank and other authors consider two scenarios. The novel coronavirus shock could reduce global exports by 4.6% and global gross domestic product (GDP) by 3.9%, according to a study published by the World Bank.
The study by Maryla Maliszewska of the World Bank and other authors consider two scenarios. First, a global pandemic where all countries are assumed to bear 50% of the shock felt by China.
Second, an amplified global pandemic where the economic shock for the rest of the world is prolonged. In estimating the hit to trade and output, the study examines four different shocks: A small reduction in labour supply, a significant rise in trade costs, falling tourism, and a shift in household
Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
COVID-19
United States
|
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
|
India
|
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
|
Brazil
|
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
|
United Kingdom
|
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
|
Russia
|
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
|
