Reports on fiscal policy See all →
Restarting economies: Benefits of the bottom-up approach
Restarting an economy is much more difficult and complicated than shutting one down. So far, countries that have used a bottom-up approach, where businesses are allowed to decide for themselves how to meet health requirements, are faring better than those trying to micromanage the reopening from the top down. The latter dulls innovativeness while the former reinvigorates businesses and makes them more agile.