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No one doubts the economic costs of lost jobs and income from Covid-19 will be substantial in the short run. But what can we know about the likely magnitude of those costs? Read more

Fiscal responsibility matters. Being careful guardians of the public purse during good times provides flexibility for dealing with nightmare scenarios. Read more

The gloomy headlines say New Zealand just flagged its 28th case of coronavirus. Great. Read more

At our Initiative staff meetings over the past two months, Covid-19 already dominated our discussions. Startling as they are, we are not surprised by the events of the past days. Read more

Many international institutions will be considering the economic consequences of Covid-19 and what to do about it. For three years, I worked in the Economics Department of the Organisation for Economic Co-operation and Development (OECD) and contributed to the production of its Economic Outlook – a publication looking at the growth prospects and policy challenges of member countries. Read more

Plenty of first-world countries have been hit with Coronavirus cases and failed to stamp it out effectively. However, Singapore has once again shined as an example of clever public policy. Read more

In wartime, it’s often hard to know exactly what is going on. Good communication is critical but it’s hard for governments – or anyone else – to make good decisions in the absence of information. Read more

There were three things I was looking for in this week's pandemic budget announcement. I was not disappointed. Read more