How COVID-19 Affects Economic Performance in Developing Countries: The Case of Guatemala

14 Pages Posted: 15 Jun 2020

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

Akademia Ekonomiczno-Humanistyczna w Warszawie; Universidad de San Carlos de Guatemala

Date Written: June 15, 2020

Abstract

The impact of COVID-19 on economic growth is substantial, but measuring such implications to get a sense of the intensity of its effects on economic performance is subject to a great deal of uncertainty. As such, this paper primarily attempts to close this gap by introducing the economics of the pandemics monitoring model (EPM-Model), a new economic model that could be used to evaluate the impact of COVID-19 on the Guatemalan economic performance. Hence, Guatemala was used to illustrate the applicability of the EPM-model from where analyses provide a coherent evaluation of the degree to which COVID-19 affects the Guatemala economic performance shortly.

Keywords: COVID-19, EPM-Model, economic performance, Guatemala

JEL Classification: Y20

Suggested Citation

Ruiz Estrada, Mario Arturo, How COVID-19 Affects Economic Performance in Developing Countries: The Case of Guatemala (June 15, 2020). Available at SSRN: https://ssrn.com/abstract=3627148 or http://dx.doi.org/10.2139/ssrn.3627148

Mario Arturo Ruiz Estrada (Contact Author)

Akademia Ekonomiczno-Humanistyczna w Warszawie ( email )

Okopowa 59, 01-043 Warsaw, Poland
Warsaw, 00-007
Poland
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HOME PAGE: http://https://vizja.pl/

Universidad de San Carlos de Guatemala ( email )

Ciudad Universitaria Zona 12
Guatemala City, Guatemala city 01012
Guatemala
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HOME PAGE: http://www.usac.edu.gt

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