02279cas a2200337 a 4500 AALejournalIMF022569 230101c9999 xx r poo 0 0eng d 5.00 USD 9798400200755 1018-5941 BD-DhAAL BD-DhAAL Buffie, Edward. Loss-of-Learning and the Post-Covid Recovery in Low-Income Countries / Edward Buffie, Christopher Adam, Luis-Felipe Zanna, Kangni Kpodar. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (60 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 We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between rebuilding human capital and the recovery of livelihoods and macroeconomic sustainability. A dynamic general equilibrium model is calibrated to reflect the structural characteristics of vulnerable low-income countries and to replicate key dimensions of the Covid-19 shock. We show that absent significant and sustained external financing, the persistence of loss-of-learning effects on labor productivity is likely to make the post-Covid recovery more attenuated and more expensive than many contemporary analyses suggest. Mode of access: Internet Debt imf Fiscal Policy imf International Lending and Debt Problems imf National Government Expenditures and Related Policies imf Other Public Investment and Capital Stock imf Adam, Christopher. Kpodar, Kangni. Zanna, Luis-Felipe. IMF Working Papers; Working Paper ; No. 2022/025 Full text available on IMF http://elibrary.imf.org/view/journals/001/2022/025/001.2022.issue-025-en.xml IMF e-Library