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World

Covid-19 and the victory of quantitative easing

26 October 2020

7:22 PM

26 October 2020

7:22 PM

Crises often lead to new paradigms. The politicians of the day try to repair the damage, learn lessons and prevent recurrence. Frequently, they start by strengthening international institutions, or creating new ones. That has not happened over Covid. The international body which should have been most closely involved, the World Health Organisation, has been feeble.

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