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The Great economic shutdown : a quarter of the cake gone

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<title>Great economic shutdown</title>
<subTitle>:  a quarter of the cake gone</subTitle>
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<namePart>Tschekassin, Olga</namePart>
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<dateIssued>2020</dateIssued>
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<abstract displayLabel="Summary">We estimate the shutdown measures in place today on account of the Covid-19 outbreak are leading to a 20-25% reduction in economic activity in most advanced markets. The different sector compositions of countries will be a main factor in determining the size of the impact. Emerging markets are likely impacted more given their larger (in relative terms) consumer-facing sectors. Meanwhile, large public services and manufacturing sectors will contribute to stronger resilience in some other economies</abstract>
<note type="statement of responsibility">Olga Tschekassin</note>
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<topic>COVID-19</topic>
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<topic>Pandemias</topic>
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<topic>Recesión económica</topic>
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<topic>Mercados emergentes</topic>
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<topic>Perspectivas económicas</topic>
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<topic>Impacto económico</topic>
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<topic>Interrupción de negocio</topic>
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<title>Economic insights</title>
<partNumber>8</partNumber>
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<title>Economic insight</title>
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