As COVID-19 continues to wreak havoc on economies across the globe, economists are trying to figure out what the best path forward is for countries at different stages of the pandemic. Neil Ferguson and Azra Ghani are both professors of infectious disease epidemiology at Imperial College, London, and renowned for their mathematical modelling of the spread of infectious diseases. In this podcast, IMF Managing Director Kristalina Georgieva says macroeconomists and epidemiologists need to work together to make the right decisions in this environment. Professors Ghani and Ferguson joined Georgieva in a virtual seminar during the IMF World-Bank Spring meetings.
In this podcast, IMF Managing Director, Kristalina Georgieva gives a preview of the World Economic Outlook to be released next week during the IMF's first-ever "virtual" Spring Meetings. In normal times, the IMF-World Bank Spring Meetings are preceded by a curtain-raiser speech delivered by the Managing Director at a crowded public venue full of economists, academics and journalists. But these are not normal times. Kristalina Georgieva's speech for next week's Spring Meetings was to camera and solemn in tone. The outlook anticipates the worst economic fallout since the Great Depression. TRANSCRIPT
Countries in sub-Saharan Africa are taking sweeping measures to halt the advance of Covid-19, imposing limits on public gatherings and the like. But for the region's most vulnerable, social distancing is not realistic. In this podcast, IMF African Department head Abebe Aemro Selassie, says anything that will help contain the spread of the virus, like closing borders to people, will help minimize added strain on already fragile health systems. Selassie says what began as a health crisis is now a major global economic crisis, and he fears African countries will be swept up in that.
Read Selassie's blog and others on the response to the coronavirus at Blogs.IMF.org