Coronavirus: survey of economists reveals consensus on a recession

There is less agreement on how prolonged the downturn is likely to be, writes Romesh Vaitilingam

 
The World Health Organization has declared a global pandemic as the coronavirus spreads rapidly across the world. As tumbling stock markets reveal growing fears about the potential economic impact, we invited US and European economists to express their views on the likelihood of a major recession. We also asked them about the relative importance of the supply and demand channels through which COVID-19 is affecting and will affect the economy.

We asked the experts whether they agreed or disagreed with the following statements, and, if so, how strongly and with what degree of confidence:

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Πηγή: blogs.lse.ac.uk