This time it has to be different: The policy response to the New Normal economy revisited
It is now clear that the initial UK lockdown has not contained the COVID-19 virus, the recovery is now unlikely to be V-shaped and the associated measures that have been put in place to protect jobs now seem unlikely to be able to prevent mass unemployment.
In this new paper, Professor Ronald MacDonald analyses two key economic issues of the COVID-19 pandemic: addressing mass unemployment and reforming banking.
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