Fiscal firepower: governments’ covid-19 aid
The Intelligence from The Economist
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Economic Responses to COVID-19
This chapter examines the extensive economic measures taken by governments in response to the COVID-19 pandemic, likening them to wartime investments. It highlights the challenges and strategies used to support businesses and households while addressing the complex nature of fiscal policies during the crisis. Additionally, the chapter raises concerns about the sustainability and effectiveness of these interventions, particularly for vulnerable workers and small enterprises.
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