Economic Ghosts Block Post-Lockdown Recovery By Jomo Kwame Sundaram

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Title : Economic Ghosts Block Post-Lockdown Recovery By Jomo Kwame Sundaram
Category : Malaysians
Economic Ghosts Block Post-Lockdown Recovery By Jomo Kwame Sundaram

(This is an article by economist Dr Jomo Kwame Sundaram that was sent to me. It is worth reading in full. I have some comments in blue)
By Jomo Kwame Sundaram
KUALA LUMPUR, Malaysia, Jun 09 (IPS)  - As governments the world over struggle to revive their economies after the debilitating lockdowns they imposed following their failure to undertake adequate precautionary containment measures to curb Covid-19 contagion, neoliberal naysayers are already warning against needed deficit financing for relief and recovery.
(OSTB : There is no one solution that fits all countries. New Zealand has more sheep than people. China with 1.5 billion people has come out with far less deaths than the US with 1/5 the population - and still increasing. Squeaky clean Singapore has had more cases and deaths than Malaysia.)
Deficit financing options
The range of deficit financing options has changed little …

(This is an article by economist Dr Jomo Kwame Sundaram that was sent to me. It is worth reading in full. I have some comments in blue)
By Jomo Kwame Sundaram
KUALA LUMPUR, Malaysia, Jun 09 (IPS)  - As governments the world over struggle to revive their economies after the debilitating lockdowns they imposed following their failure to undertake adequate precautionary containment measures to curb Covid-19 contagion, neoliberal naysayers are already warning against needed deficit financing for relief and recovery.
(OSTB : There is no one solution that fits all countries. New Zealand has more sheep than people. China with 1.5 billion people has come out with far less deaths than the US with 1/5 the population - and still increasing. Squeaky clean Singapore has had more cases and deaths than Malaysia.)
Deficit financing options
The range of deficit financing options has changed little …

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