Finding fresh ways to measure the recovery
When it comes to assessing how the economy can bounce back from Covid-19, looking at traditional data such as GDP may be irrelevant
At this point in the pandemic, what becomes very important is measuring the extent of economic revival as economies across the world look to reopen and map any impact on the spread of the coronavirus.
Being able to measure economies is tough at the best of times but, given the size of the shock and the wide extent of the dislocation, it is now especially challenging. Most economic numbers, like gross domestic product (GDP) or ...