In these times of Covid-19, the big challenge for most of us is how to protect ourselves and our families from the virus and how to hold on to our jobs. For policymakers, that translates into beating the pandemic without doing irreversible damage to the economy in the process.

With more than 3-million cases and about 217,000 dead to date globally, and the expected loss of the equivalent of 305-million jobs worldwide by midyear, the stakes have never been higher. Governments continue to “follow the science” in the search for the best solutions while foregoing the obvious benefits of much greater international co-operation in building the needed global response to the challenge...

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