Report

Short-term impacts of COVID-19 on the Malawian economy: Initial results

author(s) Baulch, Bob - Botha, Rosemary - Pauw, Karl
from International Food Policy Research Institute (IFPRI)
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themes
regions
  • Eastern Africa
  • Sub-Saharan Africa
  • Africa
  • World
  • Southern Africa
citation

Baulch, Bob; Botha, Rosemary; Pauw, Karl, 'Short-term impacts of COVID-19 on the Malawian economy: Initial results', International Food Policy Research Institute, Washington, DC, 2020

Publications and datasets provided via GARDIAN

Abstract

This Report describes the initial results of modeling undertaken by IFPRI to assess the short-run impacts of the COVID-19 control measures on the Malawian economy. We also consider the short-run effects of external shocks associated with disruptions in trade, investment, and remittance flows on the Malawian economy, as well as two medium-term paths assuming either faster or slower recovery during the remainder of 2020. This analysis has been undertaken in order to inform the policy response to the COVID-19 pandemic in Malawi and represents a first pass attempt to measure the short-term economic impacts of COVID-19 on the Malawian economic. It should be noted that, unlike NPC (2020) our estimates of the economic impact of the COVID-19 on the Malawian economy do not extend beyond 2020 and do not try to set a value on loss of life or life-years. They do, however, allow for detailed breakdown of the direct and indirect impacts of COVID-19 on different sectors and sub-sectors of the Malawian economy.

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