July 3, 2020 | Otaviano Canuto - Principal, Center for Macroeconomics and Development
COVID-19 brought the global economy to a sudden stop, causing shocks to supply and demand. Starting in January 2020, country after country suffered outbreaks of the new coronavirus, with each facing epidemiological shocks that led to economic and financial shocks as a consequence.
May 19, 2020 | Otaviano Canuto - Principal, Center for Macroeconomics and Development
Data recently released on the first-quarter global domestic product (GDP) performance of major economies have showed how significant the impact of COVID-19 has been on economic activity and jobs, with large contractions across the board.