Tag: national emergency

It is no secret that government leaders have access to increased power in light of COVID-19. Constitutional institutions such as parliament, which are supposed to provide oversight, have taken a backseat. The pandemic is unprecedented as it is not only a health issue, but also a socioeconomic and security threat. But at what cost does ‘securing the threat’ come?

The global economy has been hit by five shocks as the coronavirus spread rapidly. This could not have been predicted, though with hindsight the market was initially much too complacent. The situation is so uncertain now that a strategy based on trying to predict the future is bound to get it wrong.