Earlier this week the OECD put out a useful little note Evaluating the initial impact of COVID-19 containment measures on economic activity.
It is less than five pages long, including a couple of charts, and isn’t even attempting to offer definitive answers. And what it offers isn’t an assessment of the impact of the differing containment measures being adopted in each country, but of the likely impact of the initial economic structure of each country’s economy to a set of common assumptions about the extent of containment and associated changes in economic activity. Thus when, as local media have reported, this chart shows that New Zealand is one of the most adversely affected economies
it isn’t telling you anything about the impact or intensity of New Zealand policies, but simply about the pre-existing structure, given the (common across countries) assumptions OECD staff make about which sectors…
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Utopia, you are standing in it! 
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