To facilitate a structured way to navigate through the dynamic trade-off between epidemic control and economic activity, Luohan Academy proposes a five-phase pandemic economy framework. Nobel Laureate Michael Spence who co-chairs AGI’s Advisory Board and serves on the Academic Committee at Luohan Academy, said these tracking data emphatically confirm the need for the international community to come together to provide support to lower-income countries in both dimensions of the battle: containing the virus and restoring the economy. In the pandemic economy, both axes are critical to recovery.
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