Policy support for Covid-19 crisis must be determined by extent of economic damage | The Indian Express

Policy support for Covid-19 crisis must be determined by extent of economic damage | The Indian Express

Policy support for Covid-19 crisis must be determined by extent of economic damage

APRIL 2, 2020 10:17:03 AM

As long as the government credibly commits to reversing the action as soon as the crisis is over, rating agencies and fiscal conservatives alike will likely treat this kindly, as it is a response to a crisis caused not by poor economic policies, but by an act of nature.