Thursday August 13, 2020

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
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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