Crisis Averted: How Fiscal Policies Stabilized the Economy Post-Pandemic
Crisis Averted: How Fiscal Policies Stabilized the Economy Post-Pandemic The global economy faced a seismic shock when the COVID-19 pandemic erupted, bringing with it unprecedented challenges and an economic downturn not seen since the Great Depression. Businesses shuttered, unemployment surged, and GDPs plummeted as governments worldwide grappled with the dual crises of health and economy.