The economic implications of coronavirus and the widespread closure of economies present a unique set of challenges for policymakers. The usual tools for dealing with a recession are inadequate, the over-riding need is to provide a basic safety net for the millions of people who will see a fall or complete drop in income. It is also providing a safety net so people can self-isolate and protect from the spread of the disease. It is not possible to avoid a recession, but that isn’t the biggest concern, we can deal with recession – but can we deal with an […]
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