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Short-term impacts of COVID-19 on the Malawian economy: Initial results

Author

Listed:
  • Baulch, Bob
  • Botha, Rosemary
  • Pauw, Karl

Abstract

This Report describes the initial results of modeling undertaken by IFPRI to assess the short-run impacts of the COVID-19 control measures on the Malawian economy. We also consider the short-run effects of external shocks associated with disruptions in trade, investment, and remittance flows on the Malawian economy, as well as two medium-term paths assuming either faster or slower recovery during the remainder of 2020. This analysis has been undertaken in order to inform the policy response to the COVID-19 pandemic in Malawi and represents a first pass attempt to measure the short-term economic impacts of COVID-19 on the Malawian economic. It should be noted that, unlike NPC (2020) our estimates of the economic impact of the COVID-19 on the Malawian economy do not extend beyond 2020 and do not try to set a value on loss of life or life-years. They do, however, allow for detailed breakdown of the direct and indirect impacts of COVID-19 on different sectors and sub-sectors of the Malawian economy.

Suggested Citation

  • Baulch, Bob & Botha, Rosemary & Pauw, Karl, 2020. "Short-term impacts of COVID-19 on the Malawian economy: Initial results," MaSSP reports Report June 2020, International Food Policy Research Institute (IFPRI).
  • Handle: RePEc:fpr:masspr:133788
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    Cited by:

    1. Johan Swinnen & John McDermott, 2020. "Covid‐19 and Global Food Security," EuroChoices, The Agricultural Economics Society, vol. 19(3), pages 26-33, December.
    2. Jethro Banda & Albert Dube & Sarah Brumfield & Abena Amoah & Amelia Crampin & Georges Reniers & Stephane Helleringer, 2021. "Knowledge, risk perceptions, and behaviors related to the COVID-19 pandemic in Malawi," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 44(20), pages 459-480.
    3. Emerta Aragie & Alemayehu Seyoum Taffesse & James Thurlow, 2021. "The short‐term economywide impacts of COVID‐19 in Africa: Insights from Ethiopia," African Development Review, African Development Bank, vol. 33(S1), pages 152-164, April.

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