Economics in the time of COVID-19
Author: Richard Baldwin & Beatrice Weder di Mauro
Publisher: CEPR Press
![Economics in the time of COVID-19
Comments: *This is an e-book published as a quick response to the coronavirus epidemic by the London-based Centre for Economic Policy Research (cepr.org). This is a network of 1300 researchers in economics from major institutions in Europe, formed since 1983 into a “think.net”.
The book consists of 14 chapters on a range of different issues from regional impacts to the lessons from past outbreaks as well as the effects of trade and travel, monetary policy, banks and finance.*
For example, it discusses the central role of China as “the workshop of the world” in textiles as well as Italy in Europe and the US in the Americas, and “supply-side contagion” via international supply chains. This represents a danger of permanent damage to the current trade system, leading to a potential push to repatriate supply chains.
However the epidemic plays out in time, it is clear that the effects will be felt in many areas across the world and that economics may have to adjust as a consequence.
Download the e-book for free below