How COVID-19 Affects Economic Performance in Developing Countries: The Case of Guatemala
14 Pages Posted: 15 Jun 2020
Date Written: June 15, 2020
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: Suggested Citation