Why third world workers were worst hit by the pandemic

Advanced countries have been more open-handed in fiscal support for their economies, in particular for workers, while Third World countries have been extremely niggardly, not necessarily out of choice (except in the case of India)

The difference between the US and China’s response to COVID-19 is staggering

While US continues to suffer the devastating impacts of poor management of the COVID-19 pandemic, China’s people-centered approach serves as a model to follow

Governments need to boost economies with large fiscal stimulus

This is not the time for fiscal conservatism. To get out of economic crisis, governments must undertake fiscal boosts which increase purchasing power of the poor

Food consumption trends point at real income decline before pandemic

Why has there been a tendency toward persistent ‘excess supply’ in the foodgrain market when growth rate of foodgrain output has barely exceeded the population growth rate?

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