There are good reasons for countries to begin easing their restrictions. It will take several years to tally the total number of deaths, bankruptcies, layoffs, suicides, mental health problems, losses to GDP and investments, and other costs attributable not just to the virus but to the measures used to fight it. It should already be obvious, however, that the economic and social costs of lockdowns are enormous: estimates from the OECD suggest that every month of pandemic-related restrictions will shrink the economies of advanced countries by two percent. France, Germany, Italy, Spain, the United Kingdom, and the United States, according to the OECD, will see their economies shrink by more than 25 percent within a year. Unemployment is rising to levels unheard of since the 1930s—fueling political backlash and deepening social divisions.
Wednesday, May 13, 2020
Just so you know …
… Sweden’s Coronavirus Strategy Will Soon Be the World’s | Foreign Affairs.
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From the same article:
ReplyDelete'Sweden’s approach to COVID-19 reflects the country’s distinctive culture, and aspects of it may not be easy to replicate elsewhere. In particular, reliance on official recommendations and individual responsibility may not travel well beyond Scandinavia. Sweden is a special country characterized by high levels of trust—not just between people but between people and government institutions. Swedes were primed to take voluntary recommendations seriously in a way that citizens of other nations may not be.'
I do read the articles I link to. I think that paragraph makes it a better article. But the authors obviously had a reason for choosing the title they did.
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