John Evans, former General Secretary of the TUAC, writes about the covid-19 crisis and draws some lessons from the 2008-2009 crisis, including:
- Countries which preserve jobs and value workers will be the most resilient to this and future shocks
- Policies and their financing must be socially fair and seen to be fair
- Developing countries are particularly at risk and failing to aid them now will risk a boomerang effect of the pandemic returning
- Support for the financial sector and beyond should not be unconditional
- International co-operation must complement national action
Read the rest of this reasoned analysis by opening the PDF file attached.
(An abridged version of the article will appear in Social Europe)