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Macroeconomic Impact

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Pandemic Risk Management in Operations and Finance

Part of the book series: Computational Risk Management ((Comp. Risk Mgmt))

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Abstract

Pandemics create strain on economies, due to the need to provide medical resources as well as the need to control the population to halt disease spread. COVID-19 created an extremely severe strain on economies throughout the world due to its high degree of contagion and governmental response advocated by the World Health Organization stressing lockdowns. The governmental financial response has been extreme. This chapter reviews macroeconomic policy options to combat pandemics.

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References

  1. McKinsey & Company. (2020, March 25). COVID-19: Briefing note—Global health and crisis response. McKinsey & Company.

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Author information

Authors and Affiliations

  1. University of Chinese Academy of Science, Beijing, China

    Desheng Dash Wu

  2. Stockholm University, Stockholm, Sweden

    Desheng Dash Wu

  3. Department of Supply Chain Management and Analytics, University of Nebraska–Lincoln, Lincoln, NE, USA

    David L. Olson

Authors
  1. Desheng Dash Wu
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  2. David L. Olson
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© 2020 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG

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Wu, D.D., Olson, D.L. (2020). Macroeconomic Impact. In: Pandemic Risk Management in Operations and Finance. Computational Risk Management. Springer, Cham. https://doi.org/10.1007/978-3-030-52197-4_5

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