In the study, researchers Hiroyasu Inoue and Yasuyuki Todo estimate the economic loss all of Japan would incur if the city of Tokyo goes under lockdown Several mega-cities have emerged as covid-19 hotspots globally and have been put under complete lockdown.
This may be driving the world faster towards a recession. According to research published by the Centre for Economic Policy Research (CEPR), production losses because of supply chain disruptions caused by locking down mega-cities transmits the economic shocks to other connected parts of the world.
In the study, researchers Hiroyasu Inoue and Yasuyuki Todo estimate the economic loss all of Japan would incur if the city of Tokyo goes under lockdown.