On October 8, local time, the International Monetary Fund said that the early implementation of the blockade ban in the outbreak can greatly reduce infection and accelerate economic recovery.
In its forthcoming World economic outlook, the International Monetary Fund wrote that the data showed that the government's blockade policy during the outbreak successfully reduced the infection rate. While these policies have accelerated the recession at the same time, they are only short-term costs. As a result of the reduction of the infection rate, people may be less likely to be infected voluntarily.
"Coping with health risks is a prerequisite for a strong and sustained economic recovery," IMF economists Francesco Gregory and Damiano Sandri wrote in their blog about the study They said that the implementation of policies such as wearing masks, expanding the scope of testing and tracking contacts can reduce economic costs and accelerate economic recovery.