Will the Economic Strategy Work? by Jean Pisani-Ferry - Project Syndicate

Will the Economic Strategy Work? by Jean Pisani-Ferry - Project Syndicate: Because even thriving companies can be killed in a matter of weeks by a recession of the magnitude now confronting the world, advanced-economy governments have reacted in a remarkably similar fashion to the COVID-19 crisis. But extending liquidity lifelines to private businesses and supporting idled workers assumes a short crisis.