Phurichai Rungcharoenkitkul of BIS in this paper gives an assessment:
This article provides an interim assessment of the macroeconomic consequences of the Covid-19 pandemic. Estimates suggest a median output loss of about 6.5% in 2020, a gap that is expected to narrow to around 4% of the pre-pandemic trend by the end of 2021. There is however a high dispersion of economic losses across economies, reflecting varying exposures to the pandemic and societies’ responses. High-frequency indicators and epidemiological models provide some insights into the interactions between the evolution of the pandemic and societies’ strategies for combating it, including the role of vaccination. The article draws lessons from experiences thus far and discusses challenges ahead.
In a related voxeu piece, Jean-Charles Bricongne and Baptiste Meunier point to five best policies to fight the pandemic
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