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konya-linka Kónya Linka|   Apr 01, 2021

Strategies to Revive Economies After Covid-19

Currently, it seems most countries that forced their citizenry to stay home for great lengths of time are content with issuing temporary aid directly to citizens (as well as postponing some debt payments). But what is the best solution, in the long term? Continuing relief payments will only lead to national debt, which younger workers and even younger generations will have to pay off. Is there a way out of this recession without increasing inflation? Are protectionist policies inevitable (and desirable) in these cases? For the US, protectionism may not be so bad, but for countries in the EU, that would stress the union quite a lot, and it seems they are moving toward that route.

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