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LATEST NEWS UPDATES | Covid-19 pandemic has re-established primacy of government -Suranjali Tandon

Covid-19 pandemic has re-established primacy of government -Suranjali Tandon

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published Published on Apr 28, 2020   modified Modified on Apr 29, 2020

-The Indian Express

Citizens ordinarily advocating for free markets are now urging the governments to open up its coffers

In the years after the Second World War, financial crises were frequent. But the current contagion has thrown many countries off guard. There is little or no experience to guide countries on how to tackle such an epidemic. The only alternative, widely adopted now, has been to suspend business as usual and coerce citizenry to recede into the safety of their homes. Unfortunately and expectedly, the suspension of economic activity has scathed sections of the economy and the call to resuscitate the economy must be cognisant of these costs.

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The Indian Express, 28 April, 2020, https://indianexpress.com/article/opinion/covid-19-pandemic-has-re-established-primacy-of-government-6382631/


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