OECD Economic Surveys: United Kingdom 2020
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 125 |
Release | : 2020-10-14 |
ISBN-10 | : 9789264510968 |
ISBN-13 | : 9264510966 |
Rating | : 4/5 (68 Downloads) |
Download or read book OECD Economic Surveys: United Kingdom 2020 written by OECD and published by OECD Publishing. This book was released on 2020-10-14 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like many countries, the United Kingdom has been hit severely by the COVID-19 outbreak. A strict lockdown was essential to contain the pandemic but halted activity in many key sectors. While restrictions have eased, the country now faces a prolonged period of disruption to activity and jobs, which risks exacerbating pre-existing weak productivity growth, inequalities, child poverty and regional disparities. On-going measures to prevent a second wave of infections will need to be carefully calibrated to manage the economic impact.