Coronavirus bailouts can secure a better future – if policymakers can get their act together

What kind of brave new world will emerge in the post-Covid-19 era? It could be a better world in the economic sense if policymakers march into it willingly and embrace new economic realities. But the danger is that they could lurch into it reluctantly while denying the need for change. The next few years could herald a time of greater cooperation between public and private sectors of the global economy, and between state capitalism and market capitalism. And it could see economic development…

Read the original article at South China Morning Post