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Coronavirus: The Economic Impact Of COVID-19 On India

A detailed scenario analysis of the impact of COVID-19, on the global economy and India in particular.

A pedestrian wearing a protective mask walks past stores near Crawford market in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)  
A pedestrian wearing a protective mask walks past stores near Crawford market in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)  
Things are moving fast with the COVID-19 novel coronavirus. On March 12, the World Health Organization declared that the virus is now a pandemic and President Trump announced a 30-day ban on all travel from the EU to the U.S. One thing is sure: COVID-19 is the quintessential ‘black swan’. Two key features of black swans are that their occurrence is highly unlikely and their impact is very big, which was also the case for the 9/11 ter...
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