The new normal after Covid-19 requires a re-imagining of macroeconomics: we need to start defining the contours of, and measuring, the fourth sector. (First of a two-part article) “There are three estates in Parliament but in the Reporters’ Gallery yonder there sits a Fourth Estate more important far than they all. It is not a figure of speech or witty saying, it is a … Read More Defining the frontier sector
Building liquidity infrastructure and solution and protecting incomes required in the short-term; rebuilding trust in the long-term. We looked at some of the possible impacts of social distancing in the previous article. As various supply chains get disrupted due to sudden convulsions of demand and supply, the impact will be as much social as economic. The public health systems across the world are gearing … Read More Coronavirus: Flattening the curve
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What the virus spread has revealed is that it is difficult to predict where it might emerge next and with what ferocity. What has surprised the world about the new Coronavirus, Covid-19, is how quickly it engulfed the globe and how the unlikeliest of places emerged as hotspots for the epidemic. Starting in a deep interior region of China, it quickly spread across the … Read More How social distancing disrupts supply chains
Akhilesh Tilotia 