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A grant from the Chinese government will make way for a multimillion-dollar fishing port complex in Accra, Ghana. Nipah Dennis/AFP via Getty Images

COVID-19 further exposes inequalities in the global financial system

Global economic policy excludes low-income countries from the spending options that developed nations use to buffer their economies in times of crisis, and the pandemic has inflamed that inequality.
Economists are using models to try to determine what short- and long-term impacts the coronavirus pandemic will have on the global economy. (AP Photo/Koji Sasahara)

It could take two years for the economy to recover from the coronavirus pandemic

As countries get ready to re-open their economies, will there be a post-pandemic recovery? History and current economic models suggest those looking for a quick rebound will be disappointed.

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