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The Times

Coronavirus support packages will reshape the future economy, and that presents an opportunity

  • Written by Ilan Noy, Professor and Chair in the Economics of Disasters, Te Herenga Waka — Victoria University of Wellington
Coronavirus support packages will reshape the future economy, and that presents an opportunityShutterstock

Governments across the world have rolled out extensive financial packages to support individuals, businesses and large corporations affected by the COVID-19 pandemic.

Equally, central banks have decreased their lending rates to almost zero, and have announced extensive and previously untested direct lending to private corporations and...

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