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The Costs of Covid: Australia’s Economic Prospects in a Wounded World

dc.contributor.authorJohn Edwards
dc.date.accessioned2020-09-11T10:44:12Z
dc.date.available2020-09-11T10:44:12Z
dc.date.issued2020-08-20
dc.identifier.urihttp://hdl.handle.net/11540/12367
dc.description.abstractAfter infecting more than 23 000 Australians and killing over 420, the coronavirus pandemic in Australia is fading sooner and with less economic damage than expected. While the secondary wave of infection in Victoria is a big setback and there may yet be other regional or local outbreaks, the economic recovery already evident is set to continue. Reckoning total COVID-19 fatalities compared to population at less than one thirtieth of the US or the UK rate, the handling of the crisis by Australian governments, hospitals, health care workers, and public officials has been more successful than in some comparable countries. So too, the economic response has been swift, well targeted, and substantial. Australia must now continue to recover in a global economy markedly less congenial than it was before the pandemic. Australia’s economic policy choices are constrained by the economic policy choices of larger powers, its economic growth trajectory constrained by their degraded growth trajectory, and its international engagement constrained by the increasingly combative relationship between the two biggest national economies — the United States and China. Like many other open economies, Australia has benefited from decades of increasingly liberal global trade and investment. The emerging post-COVID world will likely be less open and less liberal, permitting Australia fewer options and requiring choices that are more difficult.
dc.languageEnglish
dc.publisherLowy Institute For International Policy
dc.titleThe Costs of Covid: Australia’s Economic Prospects in a Wounded World
dc.typeAnalysis
dc.subject.expertAged Health
dc.subject.expertQuality of Health Care
dc.subject.expertPublic Health
dc.subject.expertPartnerships in Health Reform
dc.subject.expertHealth Systems
dc.subject.expertDevelopment projects
dc.subject.expertPhysical infrastructure
dc.subject.expertSoft infrastructure
dc.subject.expertInfrastructure finance
dc.subject.expertInfrastructure bonds
dc.subject.expertPandemic
dc.subject.expertVaccination
dc.subject.expertWorld Health Organization
dc.subject.expertQuality of Health Care
dc.subject.expertPartnerships in Health Reform
dc.subject.expertHealth
dc.subject.expertHealth Standards
dc.subject.expertHealth Care Cost Control
dc.subject.expertHealth Care Access
dc.subject.expertHealth Risk
dc.subject.expertHealth Issues
dc.subject.expertEnvironmental Health Hazards
dc.subject.expertEducation, Health and Social Protection
dc.subject.expertUrbanization
dc.subject.expertUrban Services
dc.subject.expertUrban Planning
dc.subject.expertUrban Conditions
dc.subject.expertSanitary facilities
dc.subject.expertHealth facilities
dc.subject.expertHygiene
dc.subject.expertWaste disposal
dc.subject.expertHealth hazards
dc.subject.expertPublic health
dc.subject.expertSocial Aspects Of Poverty
dc.subject.expertPrivate Healthcare
dc.subject.expertMacroeconomic
dc.subject.expertMacroeconomic Analysis
dc.subject.expertMacroeconomic Framework
dc.subject.expertMacroeconomic Models
dc.subject.expertMacroeconomic Performance
dc.subject.expertMacroeconomic Planning
dc.subject.expertMacroeconomic Policies
dc.subject.expertMacroeconomic Reform
dc.subject.expertMacroeconomic Stabilization
dc.subject.expertFinancial crisis
dc.subject.adbMedical Economics
dc.subject.adbDisease Control
dc.subject.adbOccupational Hygiene
dc.subject.adbMedical Services
dc.subject.adbHealth Costs
dc.subject.adbSanitation
dc.subject.adbDiseases
dc.subject.adbWater Quality
dc.subject.adbRespiratory Diseases
dc.subject.adbHealth Indicators
dc.subject.adbDisadvantaged Groups
dc.subject.adbSocial condition
dc.subject.adbHealth Care Services
dc.subject.adbHealth Standards
dc.subject.adbHealth Service Management
dc.subject.adbHealth Costs
dc.subject.adbMedical Statistics
dc.subject.adbLockdown
dc.subject.adbUrban Population
dc.subject.adbTraditional Medicine
dc.subject.adbMedical Statistics
dc.subject.adbDrug Policy
dc.subject.adbPreventive Medicine
dc.subject.adbMedical Economics
dc.subject.adbDisease Control
dc.subject.adbSanitation
dc.subject.adbHealth Hazards
dc.subject.adbDisadvantaged Groups
dc.subject.adbSocial condition
dc.subject.adbEconomic dependence
dc.subject.adbEconomic assistance
dc.subject.adbRecession
dc.subject.adbInternational monetary relations
dc.subject.adbInternational monetary relations
dc.subject.adbInternational trade
dc.subject.adbNational accounting
dc.subject.adbMarket
dc.subject.adbTravel restriction
dc.subject.adbMigration
dc.subject.adbStay at home
dc.subject.adbBailout
dc.subject.adbInterest rate
dc.subject.adbTourism
dc.subject.naturalHospices
dc.subject.naturalDelivery of health care
dc.subject.naturalPrevention of disease
dc.subject.naturalHealth status indicators
dc.subject.naturalSanitation services
dc.subject.naturalCost of medical care
dc.subject.naturalHealth status indicators
dc.subject.naturalSanitation services
dc.subject.naturalSickness
dc.subject.naturalIllness
dc.subject.naturalPrevention of disease
dc.subject.naturalHealth status indicators
dc.subject.naturalCost and standard of living
dc.subject.naturaldisabilities
dc.subject.naturalNutrition and state
dc.subject.naturalFood policy
dc.subject.naturalNutrition policy
dc.subject.naturalCovid
dc.subject.naturalHealth status indicators
dc.subject.naturalMedical and health care industry
dc.subject.naturalVaccination
dc.subject.naturalDelivery of medical care
dc.subject.naturalCost and standard of living
dc.subject.naturalEconomic conditions
dc.subject.naturalExchange
dc.subject.naturalComparative economics
dc.subject.naturalIndex number
dc.subject.naturalMonetary policy
dc.subject.naturalValue analysis
dc.subject.naturalAdjustment cost
dc.subject.naturalTransaction cost
dc.subject.naturalConditionality
dc.subject.naturalInternational relations
dc.subject.naturalSocial change
dc.subject.naturalSocial accounting
dc.subject.naturalInequality of income
dc.subject.naturalMass society
dc.subject.naturalSocial policy
dc.subject.naturalSocial stability
dc.subject.naturalPopulation|SMEs
dc.subject.naturalUnemployment
dc.title.seriesLowy Institute Analyses
dc.contributor.imprintLowy Institute For International Policy
oar.themeHealth
oar.themeEconomics
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-011731
oar.authorEdwards, John
oar.importTRUE
oar.googlescholar.linkpresenttrue


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