India's Lockdown: An Interim Report /

We provide an interim report on the Indian lockdown provoked by the covid-19 pandemic. The main topics -- ranging from the philosophy of lockdown to the provision of relief measures -- transcend the Indian case. A recurrent theme is the enormous visibility of covid-19 deaths worldwide, with Governme...

Ausführliche Beschreibung

Gespeichert in:
1. Verfasser:
Ray, Debraj
Körperschaft:
National Bureau of Economic Research
Weitere Verfasser:
Subramanian, S.
Format:
Elektronisch E-Book
Sprache:
Englisch
Veröffentlicht:
Cambridge, Mass. National Bureau of Economic Research 2020.
Zusammenfassung:
We provide an interim report on the Indian lockdown provoked by the covid-19 pandemic. The main topics -- ranging from the philosophy of lockdown to the provision of relief measures -- transcend the Indian case. A recurrent theme is the enormous visibility of covid-19 deaths worldwide, with Governments everywhere propelled to respect this visibility, developing countries perhaps even more so. In advanced economies, the cost of achieving this reduction in visible deaths is "merely" a dramatic reduction in overall economic activity, coupled with far-reaching measures to compensate those who bear such losses. But for India, a developing country with great sectoral and occupational vulnerabilities, this dramatic reduction is more than economic: it means lives lost. These lost lives, through violence, starvation, indebtedness and extreme stress (both psychological and physiological) are invisible. It is this conjunction of visibility and invisibility that drives the Indian response. The lockdown meets all international standards so far; the relief package none.
Umfang:
1 online resource: illustrations (black and white);
Anmerkungen:
May 2020.
Schlagworte: