A Global Crisis Like No Other Needs a Global Response Like No Other

April 20, 2020 22:27

I have been saying for a while that this is a crisis like no other. It is:

More complex, with interlinked shocks to our health and our economies that have brought our way of life to an almost complete stop;

More uncertain, as we are learning only gradually how to treat the novel virus, make containment most effective, and restart our economies; and

Truly global. Pandemics dont respect borders, neither do the economic shocks they cause.

The outlook is dire. We expect global economic activity to decline on a scale we have not seen since the Great Depression.

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