Érase una vez una Pandemia: Exposición Económica a la COVID-19 de las regiones del Reino Unido, André Carrascal

Érase una vez una Pandemia: Exposición Económica a la COVID-19 de las regiones del Reino Unido

Jueves 29 de Octubre 2020

 

 

In the years to come, 2020 will be remembered as one of the most chaotic and disruptive times we had to live. Due to the relatively unexpected outbreak of the COVID-19 virus, our societies tried to minimise the health costs by adopting social-distancing measures and changing our consumption behaviour and as fast as we could, which had obvious economic implications. Through a set of exercises, I am going to tell a tale about how systematic these shocks were. From a UK perspective, I will show three different stages that run from January to June 2020, covering the situation of regional economies during the initial months of the COVID-19 crisis. The outbreak in China and the firsts disruptions in the global value chains, the need for understanding what is essential production and what is not, and the economic exposure to a national lockdown, all these items will be analysed in this work. Overall, the study reveals how supply and demand sectoral shocks (negative and positive) were operating at the same time, and how complex the economic interrelationships are between the different agents.

Diapositivas

Economic Exposure to COVID-19 (Part I): The Situation in the West Midlands Region – Closing the Borders

Economic Exposure to COVID-19 (Part II): The Situation in the West Midlands Region – Demand for Health Services: The Invisible Indirect Workers

Economic Exposure to COVID-19 (Part III): The Situation in the West Midlands Region – The Sectoral Effects of a Lockdown