Vol. 8 No. 1 (2020)
Space and Culture, India

Editorials

Covid-19: Macroeconomic Impacts and Policy Issues in India

Published 2020-06-27

  • Hiranya Nath

Hiranya Nath
Department of Economics and International Business, Sam Houston State University, Houston

Abstract

This editorial discusses the potential short, and long-run macroeconomic impacts of Covid-19 in India, presents early evidence of some of these effects and examines policy issues that would be important in the coming days. Since the Indian economy was experiencing sluggish growth on the eve of the Covid-19 outbreak, the economic downturn could be severe, and the policy intervention would require a careful weighing of options and priorities. Given that policy space and resources are limited, policies that help manage the short-run crisis and yield significant long-run benefits should receive serious consideration.

Keywords

COVID-19, Macroeconomic Impacts, Aggregate Demand, Aggregate Supply, Fiscal Policy, Monetary Policy, India, Coronavirus

pdf

References

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