Global financial markets policy responses to COVID-19:
In early March 2020, the OECD's Interim Economic Outlook highlighted that the coronavirus outbreak had already caused a sharp decline in economic growth in China, and subsequent outbreaks in other countries were eroding prospects for economic growth. Since that time, the increasing spread of th...
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| Format: | Elektronisch E-Book |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2020
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| Schriftenreihe: | OECD Policy Responses to Coronavirus (COVID-19)
|
| Schlagworte: | |
| Online-Zugang: | kostenfrei |
| Zusammenfassung: | In early March 2020, the OECD's Interim Economic Outlook highlighted that the coronavirus outbreak had already caused a sharp decline in economic growth in China, and subsequent outbreaks in other countries were eroding prospects for economic growth. Since that time, the increasing spread of the coronavirus across countries has prompted many governments to introduce unprecedented measures to contain the epidemic. While necessary to contain the virus, these measures have led to many businesses being shut down temporarily, widespread restrictions on travel and mobility, financial market turmoil, an erosion of confidence and heighted uncertainty. This approach suggests that the shutdowns could lead to sharp declines in the level of output in many economies, with consumers' expenditure potentially dropping by around one-third. Changes of this magnitude would far outweigh the economic recession during the global financial crisis |
| Beschreibung: | 1 Online-Ressource (8 Seiten) |
| DOI: | 10.1787/2d98c7e0-en |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:34:54Z |
| indexdate | 2024-12-18T19:02:01Z |
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| language | English |
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| series2 | OECD Policy Responses to Coronavirus (COVID-19) |
| spelling | Global financial markets policy responses to COVID-19 Organisation for Economic Co-operation and Development Paris OECD Publishing 2020 1 Online-Ressource (8 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Policy Responses to Coronavirus (COVID-19) In early March 2020, the OECD's Interim Economic Outlook highlighted that the coronavirus outbreak had already caused a sharp decline in economic growth in China, and subsequent outbreaks in other countries were eroding prospects for economic growth. Since that time, the increasing spread of the coronavirus across countries has prompted many governments to introduce unprecedented measures to contain the epidemic. While necessary to contain the virus, these measures have led to many businesses being shut down temporarily, widespread restrictions on travel and mobility, financial market turmoil, an erosion of confidence and heighted uncertainty. This approach suggests that the shutdowns could lead to sharp declines in the level of output in many economies, with consumers' expenditure potentially dropping by around one-third. Changes of this magnitude would far outweigh the economic recession during the global financial crisis Finance and Investment Economics https://doi.org/10.1787/2d98c7e0-en Verlag kostenfrei Volltext |
| spellingShingle | Global financial markets policy responses to COVID-19 Finance and Investment Economics |
| title | Global financial markets policy responses to COVID-19 |
| title_auth | Global financial markets policy responses to COVID-19 |
| title_exact_search | Global financial markets policy responses to COVID-19 |
| title_exact_search_txtP | Global financial markets policy responses to COVID-19 |
| title_full | Global financial markets policy responses to COVID-19 Organisation for Economic Co-operation and Development |
| title_fullStr | Global financial markets policy responses to COVID-19 Organisation for Economic Co-operation and Development |
| title_full_unstemmed | Global financial markets policy responses to COVID-19 Organisation for Economic Co-operation and Development |
| title_short | Global financial markets policy responses to COVID-19 |
| title_sort | global financial markets policy responses to covid 19 |
| topic | Finance and Investment Economics |
| topic_facet | Finance and Investment Economics |
| url | https://doi.org/10.1787/2d98c7e0-en |