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The sooner (and the smarter), the better: COVID-19 containment measures and fiscal responses

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Hosny, Amr

IMF

IMF - Washington, DC

2021

23 p.

epidemic disease ; fiscal policy ; containment ; disease control

international

IMF Working Paper

WP/21/065

Public finance and taxation

https://www.imf.org/en/Publications/WP/Issues/2021/03/05/The-Sooner-and-the-Smarter-the-Better-COVID-19-Containment-Measures-and-Fiscal-Responses-50134

English

Bibliogr.

"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."

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