The coronavirus pandemic has seen unprecedented stimulus measures, driving up public debt to record levels. Photo: AP The coronavirus pandemic has seen unprecedented stimulus measures, driving up public debt to record levels. Photo: AP
The coronavirus pandemic has seen unprecedented stimulus measures, driving up public debt to record levels. Photo: AP

Coronavirus: how the massive pandemic debt bill has ‘reshaped the global economy for good’

  • Governments have offered unprecedented support for companies during the pandemic, pushing fiscal deficits to record highs, says the Economist Intelligence Unit
  • But with low growth, high public debt and declining populations in rich countries becoming the norm, paying back the massive stimulus will be a daunting task

Topic |   Global monetary policy
The coronavirus pandemic has seen unprecedented stimulus measures, driving up public debt to record levels. Photo: AP The coronavirus pandemic has seen unprecedented stimulus measures, driving up public debt to record levels. Photo: AP
The coronavirus pandemic has seen unprecedented stimulus measures, driving up public debt to record levels. Photo: AP
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