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The Times

Past pandemics show how coronavirus budgets can drive faster economic recovery

  • Written by Ilan Noy, Professor and Chair in the Economics of Disasters, Te Herenga Waka — Victoria University of Wellington
Past pandemics show how coronavirus budgets can drive faster economic recoverywww.shutterstock.com

With New Zealand’s May 14 budget expected to chart the way out of the economic crisis, Finance Minister Grant Robertson should be looking to the past as well as the future. Finance ministers elsewhere are facing similar decisions, many even more constrained than New Zealand’s.

But the common claim that we live in...

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