Covid-19 has had a devastating effect upon the poorest sections of society. The distributional impacts are highly asymmetric, with poorer families, most affected industrial sectors and low-paid employees suffering greatly. Sustained mitigation policies against these adverse impacts are urgent. This may come in the form of debt forgiveness or better access to funding for firms.
Key learning objectives:
What was the impact of Covid-19?
How has the impact of Covid-19 been unequal?
What policy interventions can be introduced to bolster growth and prosperity?