Heinrichs Messtechnik
Flow and Level Measurement Instruments for Power Generation Facilities
10 June
Central banks of various economies have injected new money into financial markets to deal with the economic downturn caused by the Covid-19 pandemic.
These actions although useful may not be enough to post a strong recovery.
Investment-led growth policies and long-term investments are essential to reverse some of the damage caused by the pandemic.
Stephany Griffith-Jones, an economist, shared an article on how central banks need to take more action to support economies after the Covid-19 pandemic.
G7 nations injected approximately $2.5tn into financial markets in March and April using quantitative easing and liquidity programmes to prevent a collapse in the financial sector.
The article notes that banks need to play a bigger role by lending to sectors that are productive and create more jobs.
These jobs also need to be sustainable to create green infrastructure that enables transition towards a zero carbon economy.
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