Test, trace, and targeted support: 4 ways to rescue the economy from the pandemic

  • Date: 27-Oct-2020
  • Source: World Economic Forum
  • Sector:Economy
  • Country:GCC
  • Who else needs to know?

Test, trace, and targeted support: 4 ways to rescue the economy from the pandemic

Infection rates are rising across the world, as a second wave spreads.

Governments face the challenge of protecting jobs and economic activity, whilst still fighting the virus.

The Institute for Fiscal Studies has predicted a budget deficit in the UK equivalent to Second World War levels.

Economist and Principal and Vice Chancellor of Glasgow University, Anton Muscatelli, outlines what countries can focus on to mitigate the impact.



In many western countries, COVID-19 infection rates are rising again. For some like the UK, France and Spain, it appears that the second wave of the pandemic is already here. The science also tells us that we may see a further upsurge in 2021. We do not know how effective early vaccines will be, and the rollout of vaccination programmes will