Beyond the Doomsday Machine: Reimagining economic policies and practice in a post-Covid world

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The Covid-19 coronavirus has had a dramatic effect on economies worldwide. Picture: iStock/Gallo Images
The Covid-19 coronavirus has had a dramatic effect on economies worldwide. Picture: iStock/Gallo Images

BUSINESS

The economic policy response to the Covid-19 coronavirus pandemic to date has overwhelmingly lacked creativity and imagination, with the emphasis on a “V-shaped” recovery.

Ronak Gopaldas, director at Signal Risk and a fellow at the Centre for African Management and Markets at the Gordon Institute of Business Science (Gibs), said that Covid-19 had provided an opportunity to reimagine existing economic systems that should prioritise sustainability and wellbeing above profits and growth.

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