This year’s Nobel Prize in Economics will be awarded to three US economists for their research on banking and financial crises. Among them is Ben Bernanke, who was chair of the US Federal Reserve when the financial crisis hit in 2008 and the global economy was teetering precariously close to the brink for weeks.
What are the economic effects of an epidemic or pandemic? Our Experts went through relevant studies in order to be able to give a well-founded assessment. The results are surprising.