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  • 标题:Mitigating the Socio-Economic Impacts of COVID-19; Role of Governments in Sub-Saharan Africa, Fiscal and Monetary Policy Perspectives
  • 本地全文:下载
  • 作者:Elijah Asante Boakye ; Hongjiang Zhao ; Bright Nana Kwame Ahia
  • 期刊名称:Open Journal of Social Sciences
  • 印刷版ISSN:2327-5952
  • 电子版ISSN:2327-5960
  • 出版年度:2020
  • 卷号:08
  • 期号:11
  • 页码:300-318
  • DOI:10.4236/jss.2020.811028
  • 语种:English
  • 出版社:Scientific Research Publishing
  • 摘要:In this paper, we investigate the role of governments in mitigating the socio-economic impacts of COVID-19. We also try to evaluate the fiscal and monetary policy interventions by governments and assess how such policies could be sustained. Taking Ghana as a sample, this study reveals that, the coordinated applications of monetary and fiscal policies are lifesaving, preventing loss of incomes and jobs, protecting bankruptcies in businesses, and finally enhancing economic recovery. We propose a CCCRD Model which could serve as a global strategy for governments in the fight against COVID-19. Backing such policies with legislation could help in their sustenance.
  • 关键词:COVID-19;Sub-Saharan Africa;Fiscal ;Monetary Policy;Socio-Economic Impact
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