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Assessing the toll of COVID-19 lockdown measures on the South African economy
| Content Provider | Consultative Group on International Agricultural Research (CGIAR) |
|---|---|
| Author | Arndt, Channing Gabriel, Sherwin Robinson, Sherman |
| Organization | IFPRI - Director General's Office |
| Organization | IFPRI - Environment and Production Technology Division |
| Organization | IFPRI - Southern Africa - Towards Inclusive Economic Development (SA-TIED) |
| Description | In trying to limit the spread of COVID-19, policymakers are confronting the difficult task of balancing the positive health effects of lockdowns against their economic costs — particularly the burdens imposed on low-income and food-insecure households. South African lockdown policies are relatively stringent, and the economic impacts are large. Figure 1 presents impacts on the income components of gross domestic product (GDP), based on an analysis using a social accounting matrix (SAM) model, a tool well-suited to assessing the impacts of shortterm shocks. The work is a collaboration between IFPRI, the National Treasury of South Africa, the South African Reserve Bank, and UNU-WIDER. |
| Related Links | https://cgspace.cgiar.org/items/5607f641-b0b6-4193-8e8a-266100eb07cd |
| File Format | |
| DOI | 10.2499/p15738coll2.133762_06 |
| Language | English |
| Publisher | International Food Policy Research Institute |
| Publisher Date | 2020-07-01 |
| Publisher Place | Washington, DC |
| Access Restriction | Open |
| Rights License | CC-BY-4.0 |
| Subject Keyword | Policies, Institutions, and Markets Income Models Low Income Groups Economic Analysis Economic Impact Covid-19 Households Computable General Equilibrium Models Disease Prevention Food Security Gross National Product Public Health |
| Content Type | Text |
| Resource Type | Chapter |
| Subject | Agronomy and Crop Science Food Science Plant Science |