Understand problems to solve them

Understand problems to solve them

In this April 16 file photo, the passenger terminal at Suvarnabhumi airport is almost empty due to travel restrictions as part of lockdown measures, which have resulted in an enormous loss of tourism-related income. Nutthawat Wicheanbut What is happening with the Covid-19 economic crisis is that governments and economists around the world are trying to solve it on a "trial and error" basis because no one actually has experience with a crisis of this magnitude. Textbook measures like mega-fiscal spending, helicopter money, loan payment holidays, SME business loans and near-zero interest rates are being implemented.

As of May 2020, G20 […]

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