Thursday, September 18, 2025
spot_img
spot_img
HomeNewsGlobal NewsThe great lockdown and how has COVID changed our view of risk

The great lockdown and how has COVID changed our view of risk

By Robin Pomeroy, Digital Editor, World Economic Forum

Incredible: that’s the word the IMF’s chief economist uses to describe the impact of COVID-19 on the global economy.

“We call this the Great Lockdown, because, if you look around the world, the containment measures that have been put in place … are generating the scale of contraction and activity that are just historical numbers.”

The International Monetary Fund’s Gita Gopinath tells this week’s World Vs Virus podcast what’s needed to climb out from the Great Lockdown, and the role globalization will play.

“This is a virus that doesn’t respect borders,” she tells World Vs Virus. “This requires global cooperation.”

 

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Caribbean News

Cayman Islands Government moves forward with Subsea Cable Modernisation

GEORGE TOWN, Cayman Islands - The Ministry of Planning, Lands, Agriculture, Housing & Infrastructure (MPLAHI) is moving forward with a major infrastructure project to modernise...

Global News

UK: More sex offenders given chemical suppressants

Chemical suppression pilot expanded to three regions across the country More sex offenders able to access medication after release, supporting a reduction...