YGC Statement on World Economy and Covid-19

The far-reaching measures enacted by most countries worldwide to contain the COVID-19 pandemic have massive consequences for the economies. The situation affects almost every enterprise, regardless of whether it caters local communities or the global economy. The effects spread across countries as tightly knit global production networks are interrupted. Countries have different capacities to absorb the shock and counter it with fiscal policy. Watch the video by the 2020 YGC Working Group on Policy Responses to COVID-19. The Young Global Changers are involved in projects that aim at advancing the recoupling of societies, economies and the environment. The Young Global Changers contribute regularly to the YGC Blog with articles on the topic of Health and beyond. To see more on the topic visit the Global Solutions Summit and the Global Tables on COVID-19.