Health of world economy may bode ill for recovery

Health of world economy may bode ill for recovery

As the public health measures intensify it is natural to focus on the figures for confirmed cases, hospital admissions and, tragically, fatalities. But the epidemic will end, the measures will be relaxed and the steep collapse in economic activity will reverse. With luck, this could happen in months but none of the experts can rule out a longer emergency, perhaps lasting until a vaccine is available sometime next year.

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