Shaping the Macro-Economy in Response to COVID-19: A Responsible Economic Stimulus, a Stable Financial Sector and a Revival in Exports
Date
2021-02Author
Keane, Jodie
Mendez-Parra, Max
Papadavid, Phyllis
Pettinotti, Laetitia
Raga, Sherillyn
Willem te Velde, Dirk
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Abstract
Ensuring a healthy macro-economy is crucial for a high-quality recovery from Covid-19. Engineering
appropriate stimulus packages, keeping a stable financial sector and reviving high value-added exports
are core tasks of governments across the world as they also try to recover from the economic effects of
the pandemic in 2020–2023. Unfortunately, the context in low-income settings looks more depressed
because of lack of finance and more vulnerable economies.
Informing policy options for a better macro-economy in lower-income settings is a core task of an
International Development Research Centre (IDRC)-funded project undertaken by the Overseas
Development Institute (ODI) and five other think-tanks. This paper presents a methodology and a range
of methods to provide quality research and analysis that can underpin such policy advice.