Economic interventions to ameliorate the impact of COVID-19 on the economy and health: an international comparison
File(s)
Author(s)
Danielli, Shaun
Patria, Raman
Donnelly, Patrice
Ashrafian, Hutan
Darzi, Ara
Type
Journal Article
Abstract
Background
The COVID-19 pandemic continues to challenge governments and policymakers worldwide. They have rightfully prioritised reducing the spread of the virus through social distancing interventions. However, shuttered business and widespread restrictions on travel and mobility have led to an economic collapse with increasing uncertainty of how quickly recovery will be achieved.
Methods
The authors carried out a review of publicly available information on the economic intervention’s countries have put in place to ameliorate the impact of COVID-19.
Results
The strategies and scale of economic interventions have been broad, ranging from 2.5% to a reported 50% of Gross Domestic Product.
Conclusions
Numerous countries are beginning to ease lockdown restrictions and restart economies in different ways. There is therefore evolving, real-world data that should be used dynamically by governments and policymakers. The strategies on restarting the economy must be balanced against the uncertainty of a possible second wave of COVID-19. A nuanced approach to easing restrictions needs to take into account not only immediate risk to life but longer-term risks of widening inequalities and falling life expectancy.
The COVID-19 pandemic continues to challenge governments and policymakers worldwide. They have rightfully prioritised reducing the spread of the virus through social distancing interventions. However, shuttered business and widespread restrictions on travel and mobility have led to an economic collapse with increasing uncertainty of how quickly recovery will be achieved.
Methods
The authors carried out a review of publicly available information on the economic intervention’s countries have put in place to ameliorate the impact of COVID-19.
Results
The strategies and scale of economic interventions have been broad, ranging from 2.5% to a reported 50% of Gross Domestic Product.
Conclusions
Numerous countries are beginning to ease lockdown restrictions and restart economies in different ways. There is therefore evolving, real-world data that should be used dynamically by governments and policymakers. The strategies on restarting the economy must be balanced against the uncertainty of a possible second wave of COVID-19. A nuanced approach to easing restrictions needs to take into account not only immediate risk to life but longer-term risks of widening inequalities and falling life expectancy.
Date Issued
2021-03-01
Date Acceptance
2020-06-16
Citation
Journal of Public Health, 2021, 43 (1), pp.42-46
ISSN
1741-3842
Publisher
Oxford University Press
Start Page
42
End Page
46
Journal / Book Title
Journal of Public Health
Volume
43
Issue
1
Copyright Statement
© The Author(s) 2020. Published by Oxford University Press on behalf of Faculty of Public Health. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com. This is a pre-copy-editing, author-produced version of an article accepted for publication in Journal of Public Health following peer review. The definitive publisher-authenticated version, Danielli, S. et al., Journal of Public Health, Volume 43, Issue 1, March 2021, Pages 42–46, is available online at: https://doi.org/10.1093/pubmed/fdaa104
Sponsor
National Institute of Health Research
Identifier
https://academic.oup.com/jpubhealth/article/43/1/42/5869897
Subjects
COVID-19, communicable diseases, economic interventions, public health
Publication Status
Published
Coverage Spatial
https://academic.oup.com/jpubhealth/advance-article/doi/10.1093/pubmed/fdaa104/5869897?login=true
Date Publish Online
2020-07-13