Webinar: Post-COVID-19 – Should there be a New Economic Model? With Dr Jomo Kwame Sundaram – Part3

May 12, 2020 - Events, Featured, Featured on irfront.org
Date: Saturday, 9th May 2020

Time: 3PM MYT | 7AM GMT

As we are easing out of the COVID-19 pandemic, one thing for sure, we are facing a major economic recession ahead, with a fall to -3 percent in 2020 as projected by the IMF. This is basically a downgrade of 6.3 percentage points from January 2020, and makes the Great Lockdown the worst recession since the Great Depression, and far worse than the Global Financial Crisis. And this is mainly due to virtual incapacitation of human productivity which affects every nation and every sector simultaneously.