How to Prepare for a ‘New Normal’

Lord Sainsbury, Tera Alles and Professor David Miles join Chatham House’s Lord Jim O’Neill and Creon Butler to discuss the likely shape of the global economy in a ‘new normal’.

Members event, Webinar
15 December 2020 — 4:15PM TO 5:15PM
Online

The COVID-19 pandemic has devastated the global economy. While news on the development of new vaccines gives cause for hope, policymakers must still grapple with the immediate crisis of a second wave and the long-term legacy of corporate insolvencies, high unemployment and escalating debt problems in emerging and developing economies. The ‘new normal’ economy expected to emerge will fundamentally be transformed, not only as a result of this legacy, but also due to the 10 years of policy learning and business innovation that has been compressed into just a few months.

This webinar looks at the likely shape of the post-pandemic economy.

  • What will be needed to deal effectively with the long-term economic fallout?

  • What are the prospects that something positive may emerge from the pandemic’s terrible human tragedy as the world is forced to address some key issues that pre-dated it particularly low productivity growth in advanced economies and the consequences of this for income growth, public services and inequality?

  • What kind of macroeconomic framework is needed?

  • What are the critical interventions on education and science policy?

  • And how will Brexit and a new US administration influence what is possible in the ‘new normal’?

As with all member events, questions from the audience drive the conversation.

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A member takes the opportunity to ask the panel a question at our event on the digital revolution.
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