
This paper finds empirical evidence that faster and smarter containment measures were associated with lower fiscal responses to the COVID-19 shock. We also find that initial conditions, such as fiscal space, income, health preparedness and budget transparency were important in shaping the amount and design of the COVID-19 fiscal response.
Page Count:
22
Publication Date:
2021-03-05
ISBN-10:
151357163X
ISBN-13:
9781513571638
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