Tuesday, April 7, 2020

April 7, 2020 - Traders accuse Amazon, BigBasket for holding back supplies of essential commodities amid lockdown

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TradeBriefs Editorial

From the Editor's Desk

How to restart national economies during the coronavirus crisis

Most national health systems, particularly in some emerging markets, are insufficiently prepared for the task at hand. Countries thus face daunting questions: Should the quarantine continue? If so, for how long? Should it be a blanket quarantine for all regions and age groups? Many countries have large, informal economies, crowded living conditions, or high levels of household debt. Some have all three. How should they proceed?

The second imperative - saving livelihoods - is just as perplexing. Should all economic sectors receive the same treatment? How do we restart the economy in some geographies without resurgence of the virus? What systems need to be in place to restart safely?

In this article, we propose two frameworks for restarting an economy. The first is designed to help governments, the private sector, and nonprofits think through when to open their economies, and the second outlines an approach for how to do so.

Continued here


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Retail
Traders accuse Amazon, BigBasket for holding back supplies of essential commodities amid lockdown
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