The Covid shock has presented the British economy with an unprecedented challenge. The huge fall in output has come on top of a decade of economic stagnation across advanced economies,…
Warwick Lightfoot
Warwick Lightfoot
Warwick Lightfoot is an economist and was Special Adviser to three Conservative Chancellors of the Exchequer.
-
-
The annual meetings of the IMF and World Bank will be dominated by the economic consequences of the shock generated by Covid-19. Generally, these have tended to be an amplification…
-
The Great Depression was, until the Covid-19 crisis, the biggest economic shock to damage the world in modern history. Output fell 5 per cent in the UK, 20 per cent…
-
The Coronavirus crisis has presented the world economy with a massive adverse exogenous shock that has required extraordinary measures. These so far have been about putting the economy to sleep…