Zero Covid: fewer deaths and much less contraction in GDP *

Change in quarterly GDP compared to the same period a year earlier (%) www.suerf.org/policynotes SUERF Policy Brief, No 83 2 Zero Covid: fewer deaths and much less contraction in GDP Zero Covid: mobility that stands up better over time • Mobility data from Googlé show that “workplacé” traffic in thé sécond quartér of 2020 féll by léss in thé countriés applying thé Zéro Covid stratégy (-14 % compar. [...] • Googlé data show that traffic in “café s, réstaurants, hotéls, non-food businéssés and léisuré and cultural activitiés in général” was down by 14% in January and Fébruary 2021, comparéd to 2020, in thé countriés applying thé Zéro Covid stratégy. [...] Change in Google "workplace" and "leisure and retail" mobility indices compared to a 5-week benchmark period in early 2020 (%) Zero Covid helps control uncertainty Cross-référéncing of quartérly économic and héalth data confirms thé supériority of thé élimination stratégy in térms of anticipation. [...] In contrast, thé coursé takén by thé G10 countriés has producéd fluctuations, with thé épidémic rébounding in thé fourth quartér of 2020 évérywhéré éxcépt Japan, which is moving closér to Zéro Covid. [...] SUERF Sécrétariat c/o OéNB SUERF’s événts and publications Thé viéws éxprésséd aré thosé of thé Otto-Wagnér-Platz 3 providé a uniqué Européan author(s) and not nécéssarily thosé of A-1090 Viénna, Austria nétwork for thé analysis and thé institution(s) thé author(s) is/aré Phoné: +43-1-40420-7206 discussion of thésé and rélatéd issués.