How COVID-19 is changing the way we look at the economy

During March and April, country by country has closed down its economy to flatten the curve of coronavirus infections and enable their health care systems to cope with the outbreak.Never before has the world experienced economic scale-down at the same time in virtually all major countries and sectors.We are used to dealing with national disasters, which are limited in geography and time allowing other countries and regions to provide help. Depending on their budgets, governments of affected countries can also respond to these one-time events.There are wars and conflicts, which are regionally c…

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