COVID-19’s shock for emerging economies

The pandemic is hurting emerging economies in at least three
ways: by locking down their populations, damaging their export
earnings and deterring foreign capital. Even if the pandemic will
fade in the second half of the year, gdp in developing countries,
measured at purchasing-power parity, will be 6.6% smaller in 2020
than the IMF had forecast in October.

In this episode we dig into the topic and sketch the possible
tools that emerging economies can use to face the liquidity
crisis. The conversation presents the analysis of the authors of
a Bruegel Policy Contribution the topic.

Episode's guests:
Alicia Garcia Herrero, senior fellow at Bruegel
Elina Ribakova, deputy chief economist of the Institute for
International Finance

Hosted by:
Giuseppe Porcaro, head of outreach and governance at
Bruegel