POLICY COMPASS

Global Outlook Update – PART 2

Policy Response To COVID-19: Governments and Central Banks Moving Rapidly Towards Policy Coordination To Speed Up “Helicopter Drop”

By Nouriel Roubini and Brunello Rosa

20 March 2020

In this paper we discuss:

• The economic impact of COVID-19 on the global economy;
• The policy reaction by central banks and governments;
• The attempt to coordinate their efforts; and
• The market implications of all the above.

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