Press Today

A post-war playbook for a post-COVID-19 recovery

Maximo Torero|- The world is not yet sufficiently alarmed by how much the COVID-19 pandemic has ravaged the global economy. We track the daily numbers of infections and casualties. But we are oblivious to the job losses and lives upended, especially in the developing world, where the pandemic has barely elicited a public health response. The pandemic’s impact on major economies has so far been four times worse than that of the 2008 global financial crisis.
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