How the Global Economy Should Respond to COVID-19?

With over 2.4 Million positive cases and more than 165,000 lives claimed within an alarmingly short period of time, the fact that COVID-19 has and is continuing to have a catastrophic impact on the lives and livelihoods of millions world over, is not an understatement.

On the 11th of March 2020, the World Health Organisation (WHO) characterised COVID-19 as a pandemic, sending multiple nations into weeks of lockdown and forcing global economic activities to come to a screeching halt. Markets, trade and supply chain activities have all been impacted alike.

In the recently published World Uncertainty Index by the IMF, which is compiled based on the number of times the word ‘uncertai...