scholarly journals Macroeconomic implications of the COVID-19 pandemic: an analysis of early academic production

2021 ◽  
Vol 31 Número 2 (Volumen 31) ◽  

Este artículo consiste en un estudio exhaustivo de literatura académica sobre Macroeconomía y COVID-19. Para este fin, se revisa treinta y cuatro artículos publicados por la Serie de Working Papers del National Bureau of Economic Research (NBER) de Estados Unidos durante los cuatro meses que siguieron al inicio de la pandemia (de mediados de marzo de 2020 hasta mediados de julio de 2020), bajo la categoría de “Efectos Macroeconómicos Agregados”. El presente análisis está principalmente enfocado en comprender la evolución conceptual que ha sido alimentada por la conciliación entre macroeconomía y epidemiología, y cómo ciertas herramientas del análisis macroeconómico contemporáneo han permitido construir una mejor comprensión del proceso epidemiológico y sus efectos sobre resultados macroeconómicos agregados. También se analiza algunas de las discusiones sobre políticas de contención óptima más importantes que han sido obtenidas de dicha evolución, en coherencia con las características metodológicas particulares incluidas por cada autor en su modelo, así como los hallazgos más relevantes obtenidos.

1977 ◽  
Vol 16 (1) ◽  
pp. 112-114
Author(s):  
Abdur Razzaq Shahid

This volume on India is one of a series of research projects on exchange control, liberalization, and economic development, undertaken for many less developed countries. The study deals with three major topics: exchange control, liberalization, and growth. First, under 'The Anatomy of Exchange Control', the methods of allocation and intervention in the foreign trade and payments practised by the government during the restrictive period 1956-66 and their economic impact are discussed. Then, a detailed analysis of the 'Liberalization Episode' which covers the policies in the period 1966-68, including the June 1966 devaluation, and the episode's effect on price level, economic activity, and exports is given. Finally, the overall growth effects of the foreign trade regime (broadly defined as exchange rate policy plus the frame-work of relevant domestic policies such as industrial licensing), and their possible contribution to India's rather unsatisfactory economic performance are examined.


1975 ◽  
Vol 14 (3) ◽  
pp. 377-380
Author(s):  
Javed Ashraf

The book is the first of a series of studies on Exchange Control, Liberalization and Economic Development sponsored by the National Bureau of Economic Research, New York. The ten-country study, of which the book under review is a part, provides an in-depth analysis of three major areas : The anatomy of exchange control along with its implications, the episode of the liberalization of the payments regime, and the relationship of growth with the exchange control regime. The findings of the individual country-studies have been consolidated in an overall synthesis. However, each study is complete in itself in accordance with the needs of scholars having an interest in only some of the studies. The book under review seeks to analyse Turkey's trade and payments regime and the effect that the latter has had on the country's economic growth. Whereas quite a few other factors are instrumental in development (e.g. agricultural productivity, levels of education, political and social stability, etc.), the focus on foreign trade alone is justified by the author on the grounds of the tremendous amount of government influence in foreign trade. Moreover, the author believes that an intensive study of the trade-growth relationship is more rewarding than: a general survey of all factors related to economic growth.


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