----PROF. HANYANG UNIVERSITY, SEOUL, SOUTH KOREA.(a) It's a supply as well as demand collapse. Human capital will be in short-supply. The Fiscal and Monetary policy combined package is more geared towards the long-run growth objectives at the expense of short or near-term solution esp for the rural-urban informal sector, migrant workers and the down-troddens. How does this policy will cure the lives versus livelihood tradeoff--the "Twin Crisis"--health as well as pandemic-led economic repression? How will that address solving the problem of building human capital in developing countries? (b) Also, as different strains are evolving with mutations, it's a great challenge to invent affective vaccine. But how the IPR needs to be 'resturctured' so that price in the market does not stand in the way of accessibility of vaccine across all sections. What is the role of market vis-a-vis state in guaranteeing access without entry barrier?
Mon, 06/08/2020 - 12:39

