Covid-19 Recessions: This Time It’s Really Different

By Global Issues

Berlin and KUALA LUMPUR, Jun 04 (IPS) – The world economic contraction so far this year is largely due to measures, especially at the national or local level, to contain or prevent Covid-19 contagion, particularly those restricting business operations, thus reducing economic activity, output, incomes and spending.

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Source: Covid-19 Recessions: This Time It’s Really Different