English

Economic Crisis in the Anthropocene

The COVID-19 pandemic triggered the swiftest and most comprehensive contraction of global economic activity ever. With crises set to proliferate – not least because of climate change – the successes and failures of the pandemic response should serve as lessons for governments everywhere.

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Transcript

Elmira Bayrasli: Welcome to Opinion Has It. I’m Elmira Bayrasli.

Archive Recording, Prime Minister Boris Johnson: Good evening. The coronavirus is the biggest threat this country has faced for decades. And this country is not alone.

Archive Recording, President Donald Trump: Today, the World Health Organization officially announced that this is a global pandemic.

Archive Recording, Queen Elizabeth II: I’m speaking to you at what I know is an increasingly challenging time.

EB: The COVID-19 pandemic has been unprecedented in many ways. It’s spread across the globe like wildfire, it brought the fastest contraction of global economic activity ever, and it spurred record-breaking government interventions.

Archive Recording: Congressional leaders appear to have reached agreement on what is by far the biggest stimulus package in US history.

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