Home Economics & PolicyHealthcareCoronavirus AnalysisHow corona could fulfill a long-held economic worry

How corona could fulfill a long-held economic worry
ENAR

by Thomas Schellen

At the time of writing (March 12) the number of known coronavirus infections had exceeded 126,000 and that the death toll was above 4,600 persons. Governments around the world have dedicated increasing medical, social, humanitarian, and financial resources toward bringing the threatening virus under control. At the same time, worries over the economic impact of the global pandemic have geared up to the point when the metaphor of a black swan (an outlier or rare financial crisis) has been employed by some financial experts.  In terms of what (rather than a black swan) might more neutrally be dubbed a combination of a pandemic and potential global recession, companies around the world are showing impacts, from manufacturers in China and South Korea to the internet giants on the west coast of the US, and banks and financial firms in New York and London. The latest new and massive disruption to the

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