Former UCT GSB economist, Barry Standish, hosted a free webinar in April for UCT GSB alumni on the broader financial and economic implications of the coronavirus.
In his webinar, Standish argues that the economic impact of the pandemic cannot be seen in isolation from both short trends in the local and international economies at the end of 2019, and the existing structural weaknesses in the international economies. He starts by sharing the key features of recent economic crises, and positions the beginning of the pandemic in the context of the 2019 economic landscape. The discussion moves to the broader implications by comparing the key features of this pandemic to recent economic crises, and closes with a review of the economic implications of potential policy options.