Cecil Kilpin | April 2020 Newsletter

By |2022-01-20T12:36:40+02:00Apr 27th, 2020|Business, Finance + Economics, Goverment, Newsletter, Tax|

*IMPORTANT: This article is based on an extract from a draft government document.   Risk-Adjusted Strategy For Economic Activity Though the national lockdown has shown early evidence on how it has successfully helped to flatten the curve and limit the spread of Covid-19, there are numerous risks if the lockdown is lifted too quickly or without any strategy. Below is an excerpt given by government discussing evidence from the 1918 Spanish Influenza with regards to long-run economic consequences: "On the one hand, NPIs constrain social interactions while they are in place, and thus necessarily depress any type of economic activity that relies on such interactions. On the other hand, because the pandemic itself has severe economic consequences, by reducing the severity of the pandemic, NPIs [...]