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India's Lockdown: An Interim Report
National Bureau of Economic Research Working Paper Series ; No. 27282, 2020.
Article in English | NBER | ID: grc-748417
ABSTRACT
We provide an interim report on the Indian lockdown provoked by the covid-19 pandemic. The main topics — ranging from the philosophy of lockdown to the provision of relief measures — transcend the Indian case. A recurrent theme is the enormous visibility of covid-19 deaths worldwide, with Governments everywhere propelled to respect this visibility, developing countries perhaps even more so. In advanced economies, the cost of achieving this reduction in visible deaths is “merely” a dramatic reduction in overall economic activity, coupled with far-reaching measures to compensate those who bear such losses. But for India, a developing country with great sectoral and occupational vulnerabilities, this dramatic reduction is more than economic it means lives lost. These lost lives, through violence, starvation, indebtedness and extreme stress (both psychological and physiological) are invisible. It is this conjunction of visibility and invisibility that drives the Indian response. The lockdown meets all international standards so far;the relief package none.

Full text: Available Collection: Databases of international organizations Database: NBER Language: English Journal: National Bureau of Economic Research Working Paper Series Year: 2020 Document Type: Article

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Full text: Available Collection: Databases of international organizations Database: NBER Language: English Journal: National Bureau of Economic Research Working Paper Series Year: 2020 Document Type: Article