Government bailouts are not ‘one size fits all’

As countries and businesses emerge from pandemic restrictions, patterns of effectiveness of the various government supports are emerging – along with potential problems for the future

31st May, 2020
Government bailouts are not ‘one size fits all’
Wage subsidy schemes like the Irish one have been introduced in the likes of Canada and New Zealand. Picture: PA

You'll never walk alone.

The Japanese government is delivering generous one-off relief payments to residents of the country as part of a package of measures to lift its economy following the Covid-19 pandemic.

Japan, among the developed nations, has had one of the less stringent lockdowns, with many businesses operating more or less as normal – except for the hospitality and tourism industries. This per capita ‘no questions asked’ lump sum is attractive, but it...

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