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Five Principles for the Pandemic

23 4 7

BUENOS AIRES – The COVID-19 pandemic has thrust the world into a health and economic crisis of a magnitude that few could have anticipated but that everyone must now confront – together. Unless all countries deepen global coordination and cooperation as much as possible, the social stability of the entire planet could be at stake.

  • 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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  • This Time Truly Is Different Johannes Eisele/AFP via Getty Images

    This Time Truly Is Different

    Carmen M. Reinhart notes that even the 1918-19 influenza pandemic offers no guidance about the likely economic impact of COVID-19.

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  • The COVID Wake-Up Call

    The COVID Wake-Up Call

    Robert Muggah presents the data to show that the coronavirus pandemic should not have come as a surprise.

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    On the economic front, many economists and policymakers seem to have convinced themselves that policies to boost effective demand will be sufficient to mitigate the downturn. In fact, the problem is much more complicated, and it will not be solved with the standard stimulus measures. Because reducing social interactions is crucial for mitigating the........

    © Project Syndicate