American Airlines planes crowd a runway at Tulsa airport where they have been parked due to the coronavirus pandemic. Photo: Reuters American Airlines planes crowd a runway at Tulsa airport where they have been parked due to the coronavirus pandemic. Photo: Reuters
American Airlines planes crowd a runway at Tulsa airport where they have been parked due to the coronavirus pandemic. Photo: Reuters
Heiwai Tang
Opinion

Opinion

The View by Heiwai Tang

Coronavirus could leave the world an even more unequal place. That would be a real disaster

  • The pandemic is hurting small businesses, and companies that survive Covid-19 shutdowns may find themselves with less competition. This is what we have seen following the Spanish flu pandemic and the September 11 attacks

American Airlines planes crowd a runway at Tulsa airport where they have been parked due to the coronavirus pandemic. Photo: Reuters American Airlines planes crowd a runway at Tulsa airport where they have been parked due to the coronavirus pandemic. Photo: Reuters
American Airlines planes crowd a runway at Tulsa airport where they have been parked due to the coronavirus pandemic. Photo: Reuters
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Heiwai Tang

Heiwai Tang

Heiwai Tang is professor of economics and associate director of both the Asia Global Institute and the Institute for China and Global Development at the University of Hong Kong. Prior to joining HKU, he was tenured associate professor of international economics at Johns Hopkins University. He is also affiliated with the Federal Reserve Bank of Dallas in the US, the Centre of Economic Studies and Ifo Institute (CESIfo) in Germany, and the Globalisation and Economic Policy Centre in the UK as research fellow. He has been a frequent consultant to the World Bank, International Finance Corporation, United Nations, and Asian Development Bank.