Scholarly Contribution to Database/Website

Economic snap-back? Not so fast

Steven Hamilton, Bruce Preston, Christian Edmond

Published : 2020

Abstract

With the virus on the back foot, it’s tempting to declare victory. Provided we stay vigilant on the public health front, we do have a good chance of keeping the pandemic at bay. But there’s another enemy still to defeat. The public health measures have worked so much better and faster than expected that calls to reign in the economic measures have already begun. The prime minister has said he wants to get the patient out of the intensive care unit as quickly as possible. But these calls take for granted an economic snap-back that is far from assured.