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Published on Monday, May 4, 2020

Emergency Exit

Summary

Not only do health crises claim lives, economic crises do as well - by reducing essential resources and investments and destroying jobs. And the current health crisis, with its lockdown measures, is having an enormous economic impact.

Key points

  • Key points:
  • Consequently, lockdown measures are being gradually lifted before the virus has been completely eradicated - prioritizing health while minimizing the economic impact as much as possible.
  • A balance is not easy as both health and economic factors undergo exponential dynamics that are very destabilizing.

Geographies

Documents and files

Press Article (PDF)

Alejandro_Neut_Jorge_Sicilia_Salida_de_emergencia_ElPais_WB.pdf

Spanish - May 4, 2020

Authors

AN
Alejandro Neut BBVA Research - Lead Economist
JS
Jorge Sicilia BBVA Research - Chief Economist of BBVA Group
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