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

Remaking international cooperation post-COVID-19: The role of private companies and countries

Caroline Atkinson (RockCreek; PIIE Executive Committee), Tharman Shanmugaratnam (Senior Minister, Singapore; Chairman, Group of Thirty) and Ajay Banga (Mastercard)

March 9, 2021
Past Event

How can increased openness to trade in services support a strong economic recovery?

Anabel González (PIIE), Marion Jansen (Organization for Economic Cooperation and Development) and Aaditya Mattoo (World Bank)

March 3, 2021
Past Event

Asian Economic Integration: Reconfiguring Post-Pandemic

Yasuyuki Sawada (Asian Development Bank)

March 2, 2021
RealTime Economic Issues Watch

Racial inequities made worse by COVID-19 demand strong policy countermeasures

David Wilcox (PIIE)

March 2, 2021
RealTime Economic Issues Watch

Inflation fears and the Biden stimulus: Look to the Korean War, not Vietnam

Joseph E. Gagnon (PIIE)

February 25, 2021
RealTime Economic Issues Watch

Novel viral variants: Why the world should prepare for chronic pandemics

Monica de Bolle (PIIE)

February 22, 2021
RealTime Economic Issues Watch

In defense of concerns over the $1.9 trillion relief plan

Olivier Blanchard (PIIE)

February 18, 2021
Past Event

Can the G20 reset global trade and investment cooperation? What’s the plan?

Anabel González (PIIE), Pier Carlo Padoan (Minister of Economy and Finance of Italy) and Jonathan Fried (Albright Stonebridge Group)

February 17, 2021
RealTime Economic Issues Watch

Startups boom in the United States during COVID-19

Simeon Djankov (PIIE) and Eva (Yiwen) Zhang (PIIE)

February 17, 2021
PIIE Briefing

Rebuilding the global economy

Adam S. Posen (PIIE), editor

February 2021