Liberal opinion holds that the international monetary and financial system is a device for promoting…
Impact of the COVID-19 Pandemic on the Global Economy Recording of the public lecture by Jayati Ghosh
COVID-19 is a global pandemic wrecking havoc with the healthcare systems of major developed nations and has so far claimed thousands of lives, globally.
The extremely high levels of transmission has meant that governments throughout the world have had to freeze everyday functioning in their countries in order to counter the crisis.
This has had severe repercussions on the economic front, with the IMF declaring that we are already in the midst of a global recession. It is being touted as a bigger hit to the world economy than the 2008 financial crisis.
As such, COVID-19 is one of the three most significant economic occurrences in history. What happens now? Where do we go from here? Is Economic policy about to undergo long term change, as a result?
To delve into these questions and to explain the effects of the pandemic on the Global Economy, the students of CESP, JNU organised an online public lecture by Prof. Jayati Ghosh on 1 April 2020 at 5pm (IST).
Please find the recording of the lecture at the following link : https://youtu.be/xtdyzJjipmc