THE MIGHTY THAW? How to wake up a frozen economy

What buttons can government push to wake up a comatose economy, and will they work this time? Will this formerly Conservative government need to go full Keynesian with a bonanza of giveaways to stimulate activity? Or if fear of persistent virus stops us returning to “normal”, might Government withdraw its support measures to force us back to work? Alex Andreou talks to DR GEMMA TETLOW, Chief Economist at the Institute for Government, about the fiendishly complex task of bringing the economy back from suspended animation.

• “Ten years of focus on greater efficiency drove out some of the resilience that might have been there.”
• “If we come out of this with people holding on to their money then Government may need to stimulate the economy even more.”

Presented by Alex Andreou. Produced by Andrew Harrison. Assistant producer Jacob Archbold. Music by Kenny Dickinson. Audio production by Alex Rees. THE BUNKER is a Podmasters Production.

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