Economic Shock

Bouncing back from any crisis is not just difficult, it is almost impossible. It may sound like a cliché to most, but this Covid-19 crisis has served as the “Reset” button in all facets of societal life. A few weeks back, this did not seem imaginable or even have an appearance of truth or reason behind it. Hardest hit area within the business environment was its supply chain.

The shock of this reset will have a large impact by the virus’ capacity to damage economies’ supply side. This leads us to two questions:

  • What is the mechanism for damage to the supply side?
  • What is the policy response to prevent such damage?

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Original Article : hbr.org