Are all countries' economies suffering due to COVID-19? | World Economic Forum: The pandemic is posing formidable challenges to policymakers, due to its global reach and impact.
Economists have used a multi-country econometric model, augmented with global volatility threshold variables, to measure COVID-19's impact.
It shows the global recession will be long lasting, with no country escaping its impact, regardless of their mitigation strategy.
As a result, multi-country policy responses are needed.
