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COVID-19

Showing 121 – 140 of 224 results

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Counting the cost of COVID-19

Podcast
In this episode we look at how big government borrowing could get as a result of Covid-19 and what the long-term impacts will be.

15 October 2020

Book graphic

Global economic outlook: lessons from the pandemic

Book Chapter
The COVID-19 outbreak and the policy response to it have not just dominated the economic and fiscal developments in 2020 so far; they also set the starting point for the rest of the year and 2021. As long as the virus remains a significant health threat – with no vaccine and no highly effective treatment – the situation remains too volatile to provide a definitive assessment of the global economic impact.

13 October 2020

Book graphic

UK economic outlook: the long road to recovery

Book Chapter
The UK faces a long road to economic recovery in the wake of the COVID-19 pandemic. In this chapter, we consider the near-term outlook in depth. Lockdown measures implemented in response to COVID-19 slashed nearly two decades of growth from the UK economy in March and April of this year. Since then, the economy has rebounded strongly on the back of the return of capacity and high levels of policy support.

13 October 2020

Book graphic

The cost of adjustment: emerging challenges for the UK economy

Book Chapter
All indications point to only a thin trade deal (if any) with the European Union after the Brexit transition period ends in December. Despite over four years passing since the referendum, many of the associated economic costs still likely lie ahead. The shock from Brexit will affect different sectors from the COVID shock, meaning that Brexit is likely to cause additional economic pain even as the economy recovers from the virus-driven downturn.

13 October 2020

Managing much-elevated public debt

Book Chapter
The COVID-19 crisis has pushed up government borrowing substantially, meaning that the Debt Management Office will need to sell a much larger value of gilts than normal. In our central scenario, we forecast the total amount to exceed £1.5 trillion, more than double the Budget forecast in March. While there is tremendous uncertainty around this figure, the total value will easily be the highest in recent history outside of the two world wars.

13 October 2020

Outlook for the public finances

Book Chapter
The COVID-19 pandemic and the public health measures implemented to contain it will lead to a huge spike in government borrowing this year. We forecast the deficit to climb to £350 billion (17% of GDP) in 2020–21, more than six times the level forecast just seven months ago at the March Budget. Around two-thirds of this increase comes from the large packages of tax cuts and spending increases that the government has introduced in response to the pandemic. But underlying economic weakness will add close to £100 billion to the deficit this year – 1.7 times the total forecast for the deficit as of March.

13 October 2020

COVID pandemic signs

IFS Green Budget 2020

Report
The IFS Green Budget 2020, in association with Citi and with funding from the Nuffield Foundation.

13 October 2020

The temporary benefit increases beyond 2020-21

Book Chapter
The COVID-19 crisis has led to a profound shock to the labour market, one consequence of which is a rising number of claimants of means-tested benefits and higher entitlements among existing claimants.

9 October 2020

The coronavirus pandemic and older workers

Report

In this briefing note, we use data from the English Longitudinal Study of Ageing (ELSA) Covid-19 study to examine how the work activity of older indiv

30 September 2020

Family time use and home learning during the COVID-19 lockdown

Report

The COVID-19 school closures forced children and parents to make unprecedented changes to their daily routines. Including the summer holidays, most children will have had a five-and-a-half-month break from physically attending school by the time they returned in September.

21 September 2020

An image of children drawing

Childcare during the pandemic

Podcast
The closures of childcare providers to most families during the COVID-19 crisis have underlined the importance of access to childcare.

9 September 2020

Working paper graphic

Quantifying domestic violence in times of crisis

Working Paper

Recent contributions using police recorded calls-for-service and/or crime data to estimate impacts of COVID-19 lockdowns on the incidence of domestic violence (DV) have reported relatively modest effects.

2 September 2020