Carmen Reinhart and Vincent Reinhart
The Pandemic Depression
The Global Economy Will Never Be the Same
Foreign Affairs, 2020
Aperçu
The coronavirus is altering social, economic and geopolitical landscapes.
Recommendation
Coronavirus has turned the world upside down, ravaging economies and challenging fiscal and monetary officials as never before. Noted economists Carmen Reinhart and Vincent Reinhart posit that the aftermath of this global crisis will be long and hard, reshaping society’s long-held convictions and expectations. Their sobering assessment, which comes with few remedies, offers executives and analysts a steely-eyed look at what the future could hold.
Summary
About the Authors
Carmen Reinhart is chief economist at the World Bank. Vincent Reinhart is BNY Mellon’s chief economist and macrostrategist.
Comment on this summary