Coronavirus

The coronavirus (COVID-19) pandemic threatens to plunge the global economy into a recession or worse. PIIE scholars assess the economic outlook, possible approaches to reverse the downturn, and the factors—including trade protection—that have worsened the situation.

Featured Content

Cooperating on a COVID-19 vaccine is in everyone’s interest
Short Videos

Cooperating on a COVID-19 vaccine is in everyone’s interest

Featuring Chad P. Bown (PIIE)
July 27, 2020
People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), at an Arkansas Workforce Center in Fort Smith, Arkansas, U.S. April 6, 2020.
EUTERS/Nick Oxford
Policy Brief

US unemployment insurance in the pandemic and beyond

Jason Furman (PIIE)
July 2020
MANAOS, BRAZIL- The City Council brings health and assistance services to native tribes in Manaus, Brazil on May 21, 2020.
Reuters Marketplace - Latin America News Agency Pictures
RealTime Economic Issues Watch

The pandemic is not under control anywhere unless it is controlled everywhere

Chad P. Bown (PIIE), Monica de Bolle (PIIE) and Maurice Obstfeld (PIIE)
February 2, 2021
A healthcare worker prepares a syringe with the Moderna COVID-19 Vaccine, January 29, 2021.
REUTERS/Mike Segar
RealTime Economic Issues Watch

It's taking too long to get vaccine doses from refrigerators into arms

David Wilcox (PIIE)
February 2, 2021
A waiter wearing a face mask waits for customers at La Mere Catherine, Place du Tertre at Montmartre in Paris as restaurants and cafes reopen following the coronavirus disease (COVID-19) outbreak in. France, June 2, 2020
REUTERS/Charles Platiau
Policy Brief

A new policy toolkit is needed as countries exit COVID-19 lockdowns

Olivier Blanchard (PIIE), Thomas Philippon (Stern School of Business, New York University) and Jean Pisani-Ferry (PIIE)
June 2020
The US has outspent France on job retention and other support for SMEs but had less success
PIIE Chart

The US has outspent France on job retention and other support for SMEs but had less success

Jérémie Cohen-Setton (PIIE) and Jean Pisani-Ferry (PIIE)
June 25, 2020
A customer picks up an item at the grocery store, separated from cashiers by sheets of plexiglass installed as a precautionary measure, during the outbreak of coronavirus disease (COVID-19) in Brooklyn, New York, U.S., March 28, 2020.
REUTERS/Caitlin Ochs
Policy Brief

When more delivers less: Comparing the US and French COVID-19 crisis responses

Jérémie Cohen-Setton (PIIE) and Jean Pisani-Ferry (PIIE)
June 2020
Workers at a manufacturer for sportswear for U.S. colleges, are seen at the factory, in El Salvador, August 9, 2017. REUTERS/Jose Cabezas
REUTERS/Jose Cabezas
Trade and Investment Policy Watch

Yes, medical gear depends on global supply chains. Here's how to keep them moving.

Anabel González (PIIE)
March 27, 2020
Treasury Secretary Steve Mnuchin arrives for a meeting in the office of U.S. Senate Majority Leader Mitch McConnell (R-KY) to wrap up work on coronavirus economic aid legislation, during the coronavirus disease (COVID-19) outbreak in Washington, U.S.
REUTERS/Mary F. Calvert
RealTime Economic Issues Watch

Getting COVID-19 financial relief to millions of Americans in need requires a multichannel strategy

Donald Hammond (formerly at US Treasury Department) and David Wilcox (PIIE)
March 25, 2020
People walk past the window of a medical equipment supply store advertising the sale of protective masks in south London, Britain.
REUTERS/Hannah McKay
Trade and Investment Policy Watch

A memo to trade ministers on how trade policy can help fight COVID-19

Anabel González (PIIE)
March 23, 2020

Recent Content

Upcoming Streaming Event

Divergent recoveries from COVID-19: How will emerging markets fare?

Caroline Atkinson (RockCreek; PIIE Executive Committee), Gita Gopinath (Chief Economist and Director of Research Department, International Monetary Fund) and Peter Orszag (CEO, Financial Advisory Lazard; PIIE Board Member)

April 13, 2021
Past Event

Economic policy for a pandemic age: Inequality, technology, and lessons from East Asia

Monica de Bolle (PIIE), Martin Chorzempa (PIIE), Mary E. Lovely (PIIE), David Wilcox (PIIE) and Maurice Obstfeld (PIIE)

April 8, 2021
Past Event

Economic policy for a pandemic age: Vaccine distribution and preparing for chronic pandemics

Adam S. Posen (PIIE), Monica de Bolle (PIIE), Chad P. Bown (PIIE) and Jacob Funk Kirkegaard (PIIE)

April 6, 2021
PIIE Chart

Labor market progress accelerated in March, but a full recovery remains a long way off

Jason Furman (PIIE) and Wilson Powell III (Harvard Kennedy School)

April 6, 2021
PIIE Briefing

Economic Policy for a Pandemic Age: How the World Must Prepare

Monica de Bolle (PIIE), Maurice Obstfeld (PIIE) and Adam S. Posen (PIIE), editors

April 2021
RealTime Economic Issues Watch

Rapid progress in US labor market but still a long way to go

Jason Furman (PIIE) and Wilson Powell III (Harvard Kennedy School)

April 2, 2021
Past Event

Global Economic Prospects: Spring 2021

Karen Dynan (PIIE) and Adam S. Posen (PIIE)

April 1, 2021
RealTime Economic Issues Watch

Global economy poised to expand faster, buoyed by vaccinations

Karen Dynan (PIIE)

April 1, 2021
RealTime Economic Issues Watch

For a fairer fight against pandemics, ensure universal internet access

Mary E. Lovely (PIIE) and David Xu (PIIE)

April 1, 2021
RealTime Economic Issues Watch

The new SDR allocation will benefit all countries

Maurice Obstfeld (PIIE) and Edwin M. Truman (Mossavar-Rahmani Center for Business and Government at Harvard's Kennedy School)

March 25, 2021