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The Real Economic Opening We Need

Policymakers around the world already recognize that they need to find a way to reopen national economies safely and in accordance with policies to keep the COVID-19 pandemic under control. Yet not nearly enough has been done to encourage new markets that can operate even under conditions of economic lockdown.

STANFORD – With governments adopting measures to halt the COVID-induced economic downturn and prepare the way for a safe recovery, we need to start focusing on new ways to open up and create markets. So far, this task has been taken up almost entirely by the private sector; but governments need to do more to offer encouragement.

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