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The Private Sector Steps Up

14 1 2
07.04.2020

NEW YORK – If the 2008 global financial crisis laid bare the worst of capitalism, the private sector’s response to the COVID-19 pandemic is already showcasing the very best.

  • Witnessing Wuhan PS OnPoint Xinhua/Xiao Yijiu via Getty Images Free to read

    Witnessing Wuhan

    Tracy Wen Liu shares harrowing first-person testimonials from the front lines of the COVID-19 outbreak in China.

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  • The Trump Presidency Turns Deadly Jim Watson/Pool/Getty Images

    The Trump Presidency Turns Deadly

    Elizabeth Drew expects the US president's chief concern, as the COVID-19 body count rises, to be whom to blame.

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  • Insuring the Survival of Post-Pandemic Economies Getty Images

    Insuring the Survival of Post-Pandemic Economies

    Roman Frydman & Edmund S. Phelps see major shortcomings in the just-adopted $2 trillion US rescue and stimulus package.

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    COVID-19 cases have now surpassed one million worldwide, with the death toll above 70,000 and rising. The full extent of the global economic impact remains unknown. What we do know is that the world urgently requires a herculean response from both governments and the private sector to avert a devastating recession.

    Since the 2008 crisis, corporations have faced harsh criticism and even accusations........

    © Project Syndicate