‘They’ve Got to Be Visionary’: Dambisa Moyo on Post-Pandemic Economic Recovery

A man passes the New York Stock Exchange, Nov. 16, 2020 (AP photo by Mark Lennihan).
A man passes the New York Stock Exchange, Nov. 16, 2020 (AP photo by Mark Lennihan).

In addition to its human toll, the coronavirus pandemic has wreaked economic havoc around the world. Entire economies ground to a virtual standstill as governments implemented strict lockdowns to prevent the spread of the virus. The impact on individual countries has only been exacerbated by the disruptions to global trade caused by the pandemic, and uncertainty still surrounds the shape of the economic recovery that will come in its aftermath. But even before the pandemic, the developed economies of Western democracies faced structural obstacles to growth that have called into question their models of governance, even as China’s high-growth development […]

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