There’s growing evidence that economies which fought coronavirus aggressively at the start of the pandemic are bouncing back faster than those slow to act. Just look at Germany and Vietnam.
- A growing body of evidence in the form of economic indicators suggests that the countries that locked down the fastest and in the most aggressive fashion at the start of the coronavirus pandemic are seeing the quickest economic recoveries.
- Germany and Vietnam are two economies that locked down rapidly early in the pandemic, and are already looking to be undergoing a rapid V-shaped recovery.
- The US, Brazil, and India are countries still battling with the consequences of their decisions in dealing with the Covid-19 outbreak, and are showing L-shaped improvements.
- A V-shaped recovery indicates a sharp rise back to a previous peak after a recession, while an L-shaped one shows a steep decline with a prolonged recovery.
- We spoke to some experts who shed light on countries that handled the pandemic well, and those that didn’t.
- Visit Business Insider’s homepage for more stories.
It is becoming increasingly clearer that countries that moved aggressively and fast on Covid-19 are coming out of it in stronger economic shape, according to a handful of economists Business Insider spoke to this week.
Germany and Vietnam, two nations that locked down swiftly early in the pandemic are …continued .
[Source: Business Insider]