A Review of Fiscal Policy Responses to COVID-19

Countries around the world adopted a wide range of fiscal measures in 2020 to mitigate the health and economic impacts of the COVID-19 pandemic. At the beginning of 2021, the outlook on the evolution of the pandemic remains uncertain. COVID-19 cases are at high levels in many countries, but effectiv...

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Bibliographic Details
Main Author: Lacey, Eric
Other Authors: Massad, Joseph, Utz, Robert
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2021
Series:Other papers
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:Countries around the world adopted a wide range of fiscal measures in 2020 to mitigate the health and economic impacts of the COVID-19 pandemic. At the beginning of 2021, the outlook on the evolution of the pandemic remains uncertain. COVID-19 cases are at high levels in many countries, but effective vaccines have been approved and are being rolled out. The occurrence of new variants of the virus that spread more easily and more quickly and that may be associated with an increased risk of death adds to the uncertainty as to how quickly the pandemic can be brought under control