The COVID-19 health crisis has led to a global economic crisis. As COVID-19 results in lockdowns, layoffs, and slowing growth across Europe, the Middle East, and Africa, business leaders and their employees are worried about what comes next. To make matters worse, the IMF predicts that global growth could contract by 3 percent in 2020.
This raises a number of important questions: What are policymakers doing right now to help combat this crisis, and what should they be doing in the future? What is the economic impact of social distancing, and how long can we sustain this stagnation? What’s next for the global economy?
This event took place May 13, 2020.