{ "title": "Fiscal Monitor, October 2020 - Policies for the Recovery", "publication": "Fiscal Monitor, October 2020", "sourceUrl": "https://www.imf.org/en/publications/fm/issues/2020/09/30/october-2020-fiscal-monitor", "canonical": "https://www.imf.org/en/publications/fm/issues/2020/09/30/october-2020-fiscal-monitor", "overlayPath": "/en/publications/fm/issues/2020/09/30/october-2020-fiscal-monitor/index.md", "summary": "Chapter 1 of the October 2020 Fiscal Monitor discusses fiscal policies during and after the pandemic that save lives and livelihoods and revive growth and job creation.", "publishDate": "2020-10-14", "sections": [ { "heading": "Overview", "content": "- The report draws early lessons from governments’ fiscal responses to the pandemic and provides a roadmap for the recovery.\n- Governments’ measures to cushion the blow from the pandemic total a staggering $12 trillion globally.\n- These lifelines and the worldwide recession have pushed global public debt to an all-time high.\n- Governments should not withdraw lifelines too rapidly; support should shift gradually from protecting old jobs to getting people back to work and helping viable but still-vulnerable firms safely reopen.\n- The fiscal measures for the recovery are an opportunity to make the economy more inclusive and greener." }, { "heading": "Chapter 1 – Fiscal Policies to Address the COVID-19 Pandemic", "content": "- Discusses fiscal policies during and after the pandemic that save lives and livelihoods and revive growth and job creation.\n- Emphasizes gradual transition of support from emergency protection toward policies that facilitate reemployment and firm reopening." }, { "heading": "Chapter 2 – Public Investment for the Recovery", "content": "- Discusses how public investment can contribute to the recovery, create jobs, and strengthen resilience to future crises.\n- Highlights public investment as a tool to make the recovery more inclusive and greener." }, { "heading": "Outreach and Multimedia", "content": "- Fiscal Affairs Department Director Vitor Gaspar and authors present findings and answer questions at a Fiscal Monitor Press Conference video.\n- A Webinar titled \"Public Investment for the Recovery\" accompanies the report.\n- A Video titled \"Fiscal Monitor: Policies for the Recovery\" is associated with the publication." }, { "heading": "Additional materials and formats included on the page", "content": "- Executive Summary\n- Full Text\n- Online Annexes\n- Statistical Appendix\n- Data\n\nSource: Fiscal Monitor, October 2020 - Policies for the Recovery\n\n---\n\n Content in this bundle\n\n- fiscalmonitordatabase-october2020-chapter-1\n - fiscalmonitordatabase-october2020-chapter-1 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - fiscalmonitordatabase-october2020-chapter-1 (XLSX){rel=\"external\" type=\"application/vnd.openxmlformats-officedocument.spreadsheetml.sheet\"}\n- fiscalmonitordatabase-october2020-chapter-2\n - fiscalmonitordatabase-october2020-chapter-2 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - fiscalmonitordatabase-october2020-chapter-2 (XLSX){rel=\"external\" type=\"application/vnd.openxmlformats-officedocument.spreadsheetml.sheet\"}\n- Fiscal Monitor Database — October 2020\n - Fiscal Monitor Database — October 2020 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Fiscal Monitor Database — October 2020 (XLSX){rel=\"external\" type=\"application/vnd.openxmlformats-officedocument.spreadsheetml.sheet\"}\n- Chapter 1\n - Chapter 1 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Chapter 1 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Chapter 1. Executive Summary. IMF Fiscal Monitor, October 2020\n - Chapter 1. Executive Summary. IMF Fiscal Monitor, October 2020 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Chapter 1. Executive Summary. IMF Fiscal Monitor, October 2020 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Chapter 1. Online Annexes. IMF Fiscal Monitor, October 2020\n - Chapter 1. Online Annexes. IMF Fiscal Monitor, October 2020 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Chapter 1. Online Annexes. IMF Fiscal Monitor, October 2020 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Chapter 2\n - Chapter 2 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Chapter 2 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Chapter 2. Executive Summary. IMF Fiscal Monitor, October 2020\n - Chapter 2. Executive Summary. IMF Fiscal Monitor, October 2020 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Chapter 2. Executive Summary. IMF Fiscal Monitor, October 2020 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Chapter 2. Online Annexes. IMF Fiscal Monitor, October 2020\n - Chapter 2. Online Annexes. IMF Fiscal Monitor, October 2020 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Chapter 2. Online Annexes. IMF Fiscal Monitor, October 2020 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Fiscal Monitor Database of COVID19 Fiscal Measures. IMF Fiscal Monitor, October 2020\n - Fiscal Monitor Database of COVID19 Fiscal Measures. IMF Fiscal Monitor, October 2020 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Fiscal Monitor Database of COVID19 Fiscal Measures. IMF Fiscal Monitor, October 2020 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Executive Summary\n - Executive Summary (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Executive Summary (PDF){rel=\"external\" type=\"application/pdf\"}\n- Foreword\n - Foreword (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Foreword (PDF){rel=\"external\" type=\"application/pdf\"}\n- Methodological and Statistical Appendix. IMF Fiscal Monitor, October 2020\n - Methodological and Statistical Appendix. IMF Fiscal Monitor, October 2020 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Methodological and Statistical Appendix. IMF Fiscal Monitor, October 2020 (PDF){rel=\"external\" type=\"application/pdf\"}\n- FISCAL MONITOR: POLICIES FOR THE RECOVERY — October 2020 (Selected Excerpts)\n - FISCAL MONITOR: POLICIES FOR THE RECOVERY — October 2020 (Selected Excerpts) (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - FISCAL MONITOR: POLICIES FOR THE RECOVERY — October 2020 (Selected Excerpts) (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- Blog: Fiscal Policy for an Unprecedented Crisis\n- Blog: Public Investment for the Recovery\n- The IMF’s Paolo Mauro outlines to Joshua Zumbrun of the Wall Street Journal how governments can boost jobs and growth through public investment.\n- Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.\n- Modify your profile\n\nSource: https://www.imf.org/en/publications/fm/issues/2020/09/30/october-2020-fiscal-monitor" } ], "bullets": [ "[Markdown version](/en/publications/fm/issues/2020/09/30/october-2020-fiscal-monitor/index.md)", "[Structured JSON version](/en/publications/fm/issues/2020/09/30/october-2020-fiscal-monitor/index.json)", "[Bundle manifest](/en/publications/fm/issues/2020/09/30/october-2020-fiscal-monitor/bundle-manifest.json)", "Published: October 14, 2020", "The report draws early lessons from governments’ fiscal responses to the pandemic and provides a roadmap for the recovery.", "Governments’ measures to cushion the blow from the pandemic total a staggering $12 trillion globally.", "These lifelines and the worldwide recession have pushed global public debt to an all-time high.", "Governments should not withdraw lifelines too rapidly; support should shift gradually from protecting old jobs to getting people back to work and helping viable but still-vulnerable firms safely reopen.", "The fiscal measures for the recovery are an opportunity to make the economy more inclusive and greener.", "Discusses fiscal policies during and after the pandemic that save lives and livelihoods and revive growth and job creation.", "Emphasizes gradual transition of support from emergency protection toward policies that facilitate reemployment and firm reopening.", "Discusses how public investment can contribute to the recovery, create jobs, and strengthen resilience to future crises.", "Highlights public investment as a tool to make the recovery more inclusive and greener.", "Fiscal Affairs Department Director Vitor Gaspar and authors present findings and answer questions at a Fiscal Monitor Press Conference video.", "A Webinar titled \"Public Investment for the Recovery\" accompanies the report.", "A Video titled \"Fiscal Monitor: Policies for the Recovery\" is associated with the publication.", "Executive Summary", "Full Text", "Online Annexes", "Statistical Appendix", "Data", "**fiscalmonitordatabase-october2020-chapter-1**", "**fiscalmonitordatabase-october2020-chapter-2**", "**Fiscal Monitor Database — October 2020**", "**Chapter 1**", "**Chapter 1. Executive Summary. IMF Fiscal Monitor, October 2020**", "**Chapter 1. Online Annexes. IMF Fiscal Monitor, October 2020**", "**Chapter 2**", "**Chapter 2. Executive Summary. IMF Fiscal Monitor, October 2020**", "**Chapter 2. Online Annexes. IMF Fiscal Monitor, October 2020**", "**Fiscal Monitor Database of COVID19 Fiscal Measures. IMF Fiscal Monitor, October 2020**", "**Executive Summary**", "**Foreword**", "**Methodological and Statistical Appendix. IMF Fiscal Monitor, October 2020**", "**FISCAL MONITOR: POLICIES FOR THE RECOVERY — October 2020 (Selected Excerpts)**", "[Blog: Fiscal Policy for an Unprecedented Crisis](https://www.imf.org/en/Blogs/Articles/2020/10/14/blog-fiscal-policy-for-an-unprecedented-crisis)", "[Blog: Public Investment for the Recovery](https://www.imf.org/en/Blogs/Articles/2020/10/05/blog-public-investment-for-the-recovery)", "[The IMF’s Paolo Mauro outlines to Joshua Zumbrun of the Wall Street Journal how governments can boost jobs and growth through public investment.](https://www.imf.org/en/videos/view/6197422825001)", "[Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.](https://www.imf.org/en/email-subscription/index)", "[Modify your profile](https://www.imf.org/en/email-subscription/login)" ], "related": [ { "title": "fiscalmonitordatabase-october2020-chapter-1", "role": "dataset", "sourceUrl": "https://www.imf.org/-/media/files/publications/fiscal-monitor/2020/october/data/fiscalmonitordatabase-october2020-chapter-1.xlsx", "summary": { "path": "/-/media/files/publications/fiscal-monitor/2020/october/data/fiscalmonitordatabase-october2020-chapter-1.xlsx.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/publications/fiscal-monitor/2020/october/data/fiscalmonitordatabase-october2020-chapter-1.xlsx", "mime": "application/vnd.openxmlformats-officedocument.spreadsheetml.sheet" } }, { "title": "fiscalmonitordatabase-october2020-chapter-2", "role": "dataset", "sourceUrl": "https://www.imf.org/-/media/files/publications/fiscal-monitor/2020/october/data/fiscalmonitordatabase-october2020-chapter-2.xlsx", "summary": { "path": "/-/media/files/publications/fiscal-monitor/2020/october/data/fiscalmonitordatabase-october2020-chapter-2.xlsx.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/publications/fiscal-monitor/2020/october/data/fiscalmonitordatabase-october2020-chapter-2.xlsx", "mime": "application/vnd.openxmlformats-officedocument.spreadsheetml.sheet" } }, { "title": "Fiscal Monitor Database — October 2020", "role": "dataset", "sourceUrl": "https://www.imf.org/-/media/files/publications/fiscal-monitor/2020/october/data/fiscalmonitordatabase-october2020.xlsx", "summary": { "path": "/-/media/files/publications/fiscal-monitor/2020/october/data/fiscalmonitordatabase-october2020.xlsx.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/publications/fiscal-monitor/2020/october/data/fiscalmonitordatabase-october2020.xlsx", "mime": "application/vnd.openxmlformats-officedocument.spreadsheetml.sheet" } }, { "title": "Chapter 1", "role": "chapter", "sourceUrl": "https://www.imf.org/-/media/files/publications/fiscal-monitor/2020/october/english/ch1.pdf", "summary": { "path": "/-/media/files/publications/fiscal-monitor/2020/october/english/ch1.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/files/publications/fiscal-monitor/2020/october/english/ch1.pdf", "mime": "application/pdf" } }, { "title": "Chapter 1. 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