Coronavirus: How big will the global economic rescue package need to be?

Analysis: How will stimulus efforts compare to what was rolled out a decade ago in the global financial crisis? Ben Chu looks at the numbers

Tuesday 17 March 2020 21:10 GMT
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The recession that followed the fall of Lehman Brothers was the biggest economic crisis since the Great Depression of the 1930s
The recession that followed the fall of Lehman Brothers was the biggest economic crisis since the Great Depression of the 1930s (Reuters)

Recession is coming – that’s certainly the belief of most economists. We don’t know how long it will last for, but it’s likely to be deep.

Governments all around the globe are rolling out their economic policy packages in order to mitigate the damage of national lockdowns to stem the spread of Covid-19.

But how big will those packages ultimately need to be?

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