Unlike standard economic modelling, understanding the economic implications of #COVID19 requires modelling the characteristics of the epidemics, a specialty more likely to be found among epidemiologists, mathematicians and statisticians. https://t.co/KVPR5NgXBp— World Bank Data (@worldbankdata) May 5, 2020
DCarsonCPA on the needed yardsticks and slow moving communications of Covid:
The Covid Crisis is revealing we need a new and active ready statistical model where the Numerator and Denominators are aligned to help gauge and measure response and weight the balance of Health Responses to Economic Impacts not because we like that but because in order to logically lead the economy requires a compass to quantification and magnitude.
We will return here to add more soon but in essence the point is that currently no transparent yardstick exists of health impacts to economic impacts and that is the line where the #CostBenefit exists to crisis level decision making for the National, Multi-State, Regional , State and Local Economics and the next level lines of International Economies, Trade, Aid and the wider range of Global Macro Economics
We have some detailed observations on the crisis to soon follow here or on subsequent post to precision lines.
#DCarsonCPA www.dcarsoncpa.com on the Domestic and Global Economy, Trade, Aid, Finance, Commerce and more. WE can help on Macro., Micro, Core Financials and the Industry, NGO, Non Profit, Government and Community lines of needs as needed with compliance. #Economist #analyst #ActuarialApprentice #DataScience #financial #legalassistant #Technology and #Teamwork points to needs on #CFO #CIO #PM #BA #STEM and #analyst flows with #GRLSTEM for operations, strategy, policy and more. We can help on growth, risk and logistics needs where core financials meet value in context to decision making.