IDFC Research: The Master Switch - A Macro And Bond Update
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IDFC Research Report
The lockdown measures taken around the world in response to the coronavirus early this year, were akin to a master switch getting turned off.
Thus economic activity stalled suddenly backed by a collapse in mobility as governments around the world sought to delay and diminish the spread of the virus.
There was hope then that this switch was turned off for a limited period and will be turned on once the intended health outcomes had been achieved.
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