02273cas a2200313 a 4500 AALejournalIMF022341 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513583792 1018-5941 BD-DhAAL BD-DhAAL Cuesta Aguirre, Juan Pablo. Recoveries After Pandemics : The Role of Policies and Structural Features / Juan Pablo Cuesta Aguirre, Swarnali Hannan. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (40 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students To shed light on the possible scarring effects from Covid-19, this paper studies the economic effects of five past pandemics using local projections on a sample of fifty-five countries over 1990-2019. The findings reveal that pandemics have detrimental medium-term effects on output, unemployment, poverty, and inequality. However, policies can go a long way toward alleviating suffering and fostering an inclusive recovery. The adverse output effects are limited for countries that provided relatively greater fiscal support. The increases in unemployment, poverty, and inequality are likewise lower for countries with relatively greater fiscal support and relatively stronger initial conditions (as defined by higher formality, family benefits, and health spending per capita). Mode of access: Internet Economic Development, Innovation, Technological Change, and Growth imf Health imf Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook imf Pandemics, Output, Unemployment, Poverty, Inequality and Fiscal Support imf Welfare, Well-Being, and Poverty imf Hannan, Swarnali. IMF Working Papers; Working Paper ; No. 2021/181 Full text available on IMF http://elibrary.imf.org/view/journals/001/2021/181/001.2021.issue-181-en.xml IMF e-Library