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More stringent lockdowns aren’t necessarily worse for GDP

Our analysis shows that the actual or expected drop in GDP through June of this year, across OECD countries, is not as tightly correlated with the stringency of societal lockdowns, or their length, as one might have assumed.

Lockdown stringency explains only part of economic impact.
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To read the article, see “COVID-19: Saving thousands of lives and trillions in livelihoods,” August 17, 2020.