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    Published on Monday, May 4, 2020

    Emergency Exit

    Summary

    Not only do health crises claim lives, economic crises do as well - by reducing essential resources and investments and destroying jobs. And the current health crisis, with its lockdown measures, is having an enormous economic impact.

    Key points

    • Key points:
    • Consequently, lockdown measures are being gradually lifted before the virus has been completely eradicated - prioritizing health while minimizing the economic impact as much as possible.
    • A balance is not easy as both health and economic factors undergo exponential dynamics that are very destabilizing.

    Geographies

    Authors

    Alejandro Neut BBVA Research - Lead Economist
    Jorge Sicilia BBVA Research - Chief Economist of BBVA Group

    Documents and files

    Press article (PDF)

    Alejandro_Neut_Jorge_Sicilia_Salida_de_emergencia_ElPais_WB.pdf

    Spanish - May 4, 2020

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