A Stateside Story: Economic Rebound Coming Soon »
“As businesses begin to open, you’re going to see the demand side of the economy rebound,” says Treasury Secretary Steve Mnucin. But Kevin Hassett, advisor to Pres. Trump, doesn’t expect a V-shaped recovery. The economic impact of the coronavirus lockdowns have been felt around the world, and the US is no exception.
THE OLD & NEW NORMAL »
The New Normal? (Pic: Bart Everson)
Compiled by Jack Wright Text: J. Wright
THE WORLD BANK’S CONCLUSION ON THE FIGHT AGAINST COVID-19 IN EUROPE & CENTRAL ASIA »
The more successful the containment policies are, and the flatter the infection curve is, the deeper the economic recession becomes. The positive note: there may even be long-term benefits from the lifestyle changes brought on by the coronavirus pandemic which are bound to generate innovation and productivity increases; they will be there long after the crisis has passed.
