Economic Monitor
The only way out: global cooperation
As the pandemic brought the world economy to its knees, a global recession is upon us. Until the virus is eradicated, life cannot return to “normal”, but waiting for over a year for a vaccine is not an option, as an economic standstill cannot be sustained for so long. Therefore, the only way to shorten the economic pain requires two decisive actions: aggressive measures to contain the virus and a global coordinated response to the current crisis.
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