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France 24
France 24
Business

Covid-19: Are government stimulus plans going to save the economy?

Gilles Moec, Chief Economist at Axa Group © FRANCE 24

More than $8 trillion has been pumped into the global economy during the coronavirus crisis, as governments and central banks do their best to limit the long-term damage. The scale of the support is unprecedented, but is the money going to the right place, and will it help to save jobs and the economy? In this edition of People & Profit, Stephen Carroll discusses the design and consequences of economic stimulus with Gilles Moec, Chief Economist at Axa Group.

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