OPINION/EDITORIAL

Now Is The Time For A ‘Great Reset’

Culled—Proshare June 25, 2020 by Klaus Schwab Visit the Great Reset microsite here. We can emerge from this crisis a better world, if we act quickly and jointly, writes Professor Klaus Schwab. The changes we have already seen in response to COVID-19 prove that a reset of our economic and social […]

Financial Conditions Have Eased, but Insolvencies Loom Large

June 25, 2020/IMFBlog By Tobias Adrian and Fabio Natalucci Amid the human tragedy and economic recession caused by the COVID-19 pandemic, the recent surge in risk appetite in financial markets has caught analysts’ attention. After sharp declines in February and March, equity markets have rallied back, in some cases to close to their […]

Reopening from the Great Lockdown: Uneven and Uncertain Recovery

June 24, 2020/IMFBlog By Gita Gopinath The COVID-19 pandemic pushed economies into a Great Lockdown, which helped contain the virus and save lives, but also triggered the worst recession since the Great Depression. Over 75 percent of countries are now reopening at the same time as the pandemic is intensifying […]