Gustavo Cortes Articles: page 1

What’s the best way to respond to a global financial crisis?

For many of us, the COVID-19 pandemic has brought plenty of novelty to our lives, like wearing masks and physical distancing. One aspect, though, gave financial economists déjà vu, and it’s looking a lot like 2008. While the events leading up to the 2008 Global Financial Crisis and the COVID-19 pandemic were vastly different, the results were devastatingly similar. With markets tanking and unemployment skyrocketing in both incidents, governments stepped up with policies that attempted to stabilize the economy. New