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Assessing the toll of COVID-19 lockdown measures on the South African economy

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https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fwww.ifpri.org%2Fcdmref%2Fp15738coll2%2Fid%2F133840%2Ffilename%2F134032.pdf;h=repec:fpr:ifpric:133840
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10/22/2021, 6:17:13 PM
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Abstract
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.
Keywords
SOUTH AFRICA ; SOUTHERN AFRICA ; AFRICA SOUTH OF SAHARA ; AFRICA ; Coronavirus ; coronavirus disease ; Coronavirinae ; food security ; models ; gross national product ; economic impact ; public health ; income ; low income groups ; households ; Covid-19 ; lockdown ; Computable General Equilibrium (CGE) model ; economic cost (search for similar items in EconPapers)
Year Published
2020
Series
Chapter 6 in COVID-19 and global food security , 2020, pp 31-32 from International Food Policy Research Institute (IFPRI)
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