This is a really nice research-based analysis and commentary piece on the specific social and economic costs of Covid-19. It includes the effects of Covid-19 to various things such as the World GDP, education and human capital loss. The following is a short excerpt from the piece.
The long-term social and economic consequences of Covid-19 are uncertain. This column provides a preliminary assessment of the variation in costs across countries and regions, and suggests that developing economies will suffer the most lasting damage. The pandemic has exposed the differential capacity of governments to mitigate health and economic crises and to allocate scarce resources efficiently, while some labour market structures have inhibited government efforts to attenuate the pandemic’s impact – impediments that will also shape comparative recoveries.
Be sure to read the full piece at this link.