How does COVID-19 affect the economy?
Bulletin 37 | Joseph Lu
The pandemic has killed many: is the economy next on the list? In this bulletin Joseph Lu considers what has happened so far, and what the prospects are. How can we bounce back? To prevent spread, we had the lockdown: pubs and shops shut, construction halted, many people losing money, many workers furloughed; many jobs may go. Prolonged lockdown is bad for mental and physical well-being as well, not just economic. How do we return to some new normality safely? How do we balance pandemic controls with the need for travel and trade?