Until Covid-19 uncertainty melts away there's little chance of full economic recovery

Nations are entering the critical economic phase of the pandemic: how to get consumers spending againCoronavirus – latest updatesSee all our coronavirus coverageHealth considerations were all that mattered in the early stages of the Covid-19 pandemic. Governments ordered businesses to shut even though they knew activity would fall sharply as a consequence. There was a clear message to the public: stay at home and save lives.The lockdowns had the desired effect. The number of new cases soon peaked, after a lag, so did the number of deaths. There was a clear pattern. Countries that took the toughest action brought the infection rate down more quickly than those that delayed or imposed less draconian restrictions. Continue reading... https://www.theguardian.com/world/2020/jul/12/until-covid-19-uncertainty-melts-away-theres-little-chance-of-full-economic-recovery #coronavirus_outbreak #australia_news #economic_recovery #economic_growth_(gdp) #economic_policy #economics #business #politics