Global Economic Impacts of COVID-19

Exploring winners and losers post-pandemic in terms of GDP growth worldwide, with the US showing notable economic growth, while Europe, China, and lower income countries faced GDP shortfalls, leading to increased extreme poverty. Analyzing the lack of lasting welfare state changes despite emergency spending and increased deficits, alongside shifts in interest rates post-COVID-19. Discussing the economic ramifications of COVID-19 deaths, human capital loss, disparities in life years lost among social groups, the impact of school closures on global human capital, and the long-term education and economic consequences.