The COVID-19 pandemic has inflicted considerable human suffering in the US and caused a historic economic collapse. The economic outlook remains very uncertain.
So far, much of the economic response has been focused on short-term relief for individuals and companies. How much bipartisanship is there for the economic recovery measures? Will COVID-19 permanently change the role of the government in the US economy? Have the size and duration of the existing stimulus packages been adequate, and what should fiscal and monetary policy look like to support the US economy? What long-standing trends in the US economy, such as rising income inequality, has the pandemic highlighted? Are there structural responses from households and businesses to COVID-19 in terms of savings and investment, and what does this mean for the future of the US economy?
We gratefully acknowledge the financial support for this event from the Chatham House Global Trade Policy Forum’s founding partner AIG and supporting partners Clifford Chance LLP, Diageo plc and EY.
Please note this event is taking place between 6pm-7pm BST.
Professor Lawrence H Summers, Charles W Eliot University Professor and President Emeritus, Harvard University; Director, US National Economic Council, (2009-10)
Chair: Lord Jim O’Neill, Chair, Chatham House