Background Note
COVID-19 and socioeconomic impact in Asia
Several countries have enacted lockdown measures in the wake of the COVID-19 pandemic to protect their health systems and reduce the number of mortalities. One of the most extreme national lockdown measures has been taken by the government of India...
Blog
How Africa can fight the pandemic
by
Arkebe Oqubay
April 2020
The response to Africa’s COVID-19 plight must be swift and at scale rather than too little, too late. In a world short of progressive global...
Background Note
COVID-19 and socioeconomic impact in Africa
The COVID-19 pandemic has now spread to over 180 countries, including several countries in sub-Saharan Africa.1 Kenya reported its first COVID-19 case on 13 March 2020. By 31 March the number of confirmed cases had risen to 59, with over 70 per cent...
Working Paper
An assessment of the effects of COVID-19 pandemic on Kenya’s trade
We examine the impact of the COVID-19 pandemic on Kenya’s foreign trade using quarterly trade data for the period 2019 to the second quarter of 2021. The exploratory analysis shows that growth of Kenya’s merchandise exports remained resilient...
Journal Article
The impact of the COVID-19 pandemic on the poor
We examine the impact of the COVID-19 pandemic on the livelihoods of the poor in a semi-rural setting in Bangladesh. We use an unusually rich dataset which tracks the economic and financial transactions of sixty poor and very poor individuals and...
Working Paper
The impact of the COVID-19 pandemic on the poor
In this paper, we examine the economic impact of the COVID-19 pandemic on the livelihoods of the poor. We use an unusually rich data set from a ‘financial diaries’ study known as the Hrishipara Daily Diaries Project. The data set tracks the economic...
Working Paper
The role of trust and of poverty in compliance with social distancing measures in Africa during the COVID-19 pandemic
Since it began, the COVID-19 pandemic has imposed a number of challenges on Africa and the rest of the world. Following the recommendations of the World Health Organization, many countries imposed social distancing measures and cancelled non...
Working Paper
Forecasting recovery from COVID-19 using financial data
We develop a new methodology to nowcast the effects of the COVID-19 crisis and forecast its evolution in small, export-oriented countries. To this aim, we exploit variation in financial indexes at the industry level and relate them to the expected...
Blog
Why countries best placed to handle the pandemic appear to have fared the worst
by
Rachel M. Gisselquist, Andrea Vaccaro
June 2021
During the first year of the pandemic, it was wealthier countries, with their comparatively stronger health systems, civil services, legal systems and...
Working Paper
Analysis of the distributional effects of COVID-19 and state-led remedial measures in South Africa
This paper explores the impact of the first wave of the COVID-19 pandemic in South Africa on income poverty and inequality in South Africa. Using a static tax–benefit microsimulation model with input datasets that were adjusted to reflect people’s...
Working Paper
COVID-19 and the state
We expect effective state institutions to matter in a country’s ability to respond to crises. Yet notably in the first year of the COVID-19 pandemic, what has stood out in simple global snapshots is that wealthier countries with stronger institutions...
Working Paper
Pandemics and their impact on oil and metal prices
We examine the effect of pandemics on selected commodity prices—in particular, those of zinc, copper, lead, and oil. We set up a vector autoregressive model and analyse data since the mid-nineteenth century to determine how prices reacted to...
Blog
Helping the poor to survive lockdown
by
Risto Rönkkö, Stuart Rutherford,
Kunal Sen
August 2021
The Hrishipara Daily Diaries Project has been tracking the daily spending of 60 poor households in rural Bangladesh for the last six years. Analysis...
Working Paper
Trust in the time of corona
The global spread of COVID-19 is one of the largest threats to people and governments since the Second World War. The on-going pandemic and its countermeasures have led to varying physical, psychological, and emotional experiences, shaping not just...
Blog
Poverty and the pandemic in the Pacific
by
Christopher Hoy
June 2020
COVID-19 has had a far greater economic impact than health impact on Papua New Guinea (PNG) and the Pacific. There has been extensive commentary about...
Working Paper
The Great Influenza Pandemic of 1918–20
The Great Influenza Pandemic of 1918-20—commonly known as the Spanish flu—infected over a quarter of the world’s population and killed over 50 million people. It is by far the greatest humanitarian disaster caused by infectious disease in modern...