Economic guidance for policymakers battling an unprecedented set of circumstances.Three Pillars of the Economic Policy Response to the COVID-19 Crisis
Paper Three Pillars of the Economic Policy Response to the Covid-19 Crisis
Governments around the world are in the midst of deploying a host of policies to deal with the Covid-19 crisis. We organize our discussion around three pillars of the economic policy response. First, following the advice of medical experts, we must do all we can to spread the number of infections over time, or ``flatten the curve’’. Second, policies should facilitate production and decision-making in a temporarily socially distanced world. Third, we should prepare to make the post-virus recovery as rapid as possible.
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