IMF Working Papers

The Sooner (and the Smarter), the Better: COVID-19 Containment Measures and Fiscal Responses

By Amr Hosny

March 5, 2021

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Amr Hosny. The Sooner (and the Smarter), the Better: COVID-19 Containment Measures and Fiscal Responses, (USA: International Monetary Fund, 2021) accessed December 1, 2024

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Summary

This paper finds empirical evidence that faster and smarter containment measures were associated with lower fiscal responses to the COVID-19 shock. We also find that initial conditions, such as fiscal space, income, health preparedness and budget transparency were important in shaping the amount and design of the COVID-19 fiscal response.

Subject: COVID-19, Fiscal performance assessment, Fiscal policy, Fiscal space, Health, Income, National accounts

Keywords: ATL health specification, Containment health indices, Containment measure, Containment measures, COVID-19, Fiscal measures, Fiscal performance assessment, Fiscal space, Global, Health index, Income, Middle East and Central Asia, OxCGRT containment, Western Hemisphere, WP

Publication Details

  • Pages:

    23

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2021/065

  • Stock No:

    WPIEA2021065

  • ISBN:

    9781513571638

  • ISSN:

    1018-5941