Health Vulnerability versus Economic Resilience to the Covid-19 pandemic: Global Evidence

Simplice Asongu, Samba Diop () and Joseph Nnanna ()
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Joseph Nnanna: The Development Bank of Nigeria, Abuja, Nigeria

No 20/074, Research Africa Network Working Papers from Research Africa Network (RAN)

Abstract: The purpose of this study is to understand how countries have leveraged on their economic resilience to fight the Covid-19 pandemic. The focus is on a global sample of 150 countries divided into four main regions, namely: Africa, Asia-Pacific and the Middle East, America and Europe. The study develops a health vulnerability index (HVI) and leverages on an existing economic resilience index (ERI) to provide four main scenarios from which to understand the problem statement, namely: ‘low HVI-low ERI’, ‘high HVI-low ERI’, ‘high HVI-high ERI’ and ‘low HVI-high ERI’ quadrants. It is assumed that countries that have robustly fought the pandemic are those in the ‘low HVI-high ERI’ quadrant and to a less extent, countries in the ‘low HVI-low ERI’ quadrant. Most European countries, one African country (i.e. Rwanda), four Asian countries (Japan, China, South Korea and Thailand) and six American countries (USA, Canada, Uruguay, Panama, Argentina and Costa Rica) are apparent in the ideal quadrant.

Keywords: Novel coronavirus; health vulnerability; economic resilience (search for similar items in EconPapers)
JEL-codes: E10 E12 E20 E23 I10 I18 (search for similar items in EconPapers)
Pages: 15
Date: 2020-09
New Economics Papers: this item is included in nep-mac, nep-pay and nep-sea
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http://publications.resanet.org/RePEc/abh/abh-wpap ... ovid-19-pandemic.pdf Revised version, 2020 (application/pdf)

Related works:
Working Paper: Health Vulnerability versus Economic Resilience to the Covid-19 pandemic: Global Evidence (2020)
Working Paper: Health Vulnerability versus Economic Resilience to the Covid-19 pandemic: Global Evidence (2020)
Working Paper: Health Vulnerability versus Economic Resilience to the Covid-19 pandemic: Global Evidence (2020)
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