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FGV Economics Institute: High Rate of Covid-19 Deaths Worsens Countries’ GDP Drop

RIO DE JANEIRO, BRAZIL - In general, countries with higher mortality rates related to Covid-19 also showed worse economic performance, according to a study by researchers Aloisio Campelo, Marcel Balassiano and Rodolpho Tobler, of the IBRE (Brazilian Institute of Economics of the Getúlio Vargas Foundation - FGV).

The study considers a sample of 12 countries representing approximately 60 percent of the world economy: Brazil, USA, Germany, France, Spain, Italy, Japan, United Kingdom, Canada, China, Russia and Mexico.

The survey correlates the difference between the most recent IMF (International Monetary Fund) October projections, which already include the actual data released by . . .

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