Yiping Huang Comments on The Global Macroeconomic Impacts of COVID-19: Seven Scenarios

IF 5.3 3区经济学 Q1 ECONOMICS

Asian Economic Papers Pub Date : 2021-06-01 DOI:10.1162/asep_a_00819

Yiping Huang

引用次数: 1

Abstract

Yiping Huang, Peking University: COVID-19 has dramatically changed the shortterm growth trajectory of the world economy. In October 2019, the IMF predicted that the world, the United States, and the Chinese economies in 2020 would grow by 3.4 percent, 1.7 percent, and 5.8 percent respectively (IMF 2019). In June 2020, due to the COVID-19 shock, the IMF downgraded these forecasts to −4.9 percent, −8.0 percent, and 1.0 percent, respectively (IMF 2020). But the exact macroeconomic impacts of COVID-19 are still not clear. We do not yet fully understand how the virus initially emerged and how it mutates. The mechanisms through which the pandemic affects economic activities are even more complex.

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黄一平谈新冠肺炎对全球宏观经济的影响:七种情景

北京大学黄益平：新冠肺炎极大地改变了世界经济的短期增长轨迹。2019年10月，国际货币基金组织预测，2020年世界、美国和中国经济将分别增长3.4%、1.7%和5.8%（国际货币基金2019）。2020年6月，由于新冠肺炎冲击，国际货币基金组织将这些预测分别下调至−4.9%、−8.0%和1.0%（国际货币基金2020）。但新冠肺炎对宏观经济的确切影响仍不清楚。我们还不完全了解病毒最初是如何出现的以及它是如何变异的。疫情影响经济活动的机制更加复杂。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Asian Economic Papers ECONOMICS-

CiteScore

7.50

自引率

0.00%

发文量

期刊介绍： The journal Asian Economic Papers (AEP) is supported by several prominent institutions, including the Center for Sustainable Development at Columbia University in the United States. This shows that there is a strong emphasis on sustainable development within the journal's scope. Additionally, the Korea Institute for International Economic Policy in South Korea, the UN Sustainable Development Solutions Network (SDSN) in Malaysia, and the Economic Research Institute for ASEAN and East Asia in Indonesia also sponsor AEP. The articles published in AEP focus on conducting thorough and rigorous analyses of significant economic issues pertaining to specific Asian economies or the broader Asian region. The aim is to gain a deeper understanding of these issues and provide innovative solutions. By offering creative solutions to economic challenges, AEP contributes to the discourse and policymaking that impact the Asian economies and region as a whole.