The Economics of an Epidemic Explained

Australia Institute Senior Economist Matt Grudnoff explains the economics of an epidemic

Will coronavirus have a big effect on the economy?

Part of the reason that the share markets around the world are so volatile is that we really don’t know what is going to happen or how long the crisis will last.

How will coronavirus impact the economy?

What is a recession?

Is a recession inevitable?

For Australia to avoid a recession requires the government to be quick and smart in where they target their stimulus and how much they will spend.

What should the government do?

When should the stimulus happen?

Who should the government target their stimulus to?

Can’t the government wait and see where it needs to stimulate and how much is needed?

Isn’t it just a waste of money?

What is so bad about a recession anyway?

an independent think-tank based in Canberra > australia.org.au

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