Discover and read the best of Twitter Threads about #stampitout
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India's bind -- the most stringent lockdown measures & a weak fiscal stimulus package (0.8% of GDP). Govt is worried that at most it could double that to $60bn (1.5% GDP). Anything more triggers a sovereign debt rating downgrade i.e neoliberal discipline.
economictimes.indiatimes.com/markets/stocks…
economictimes.indiatimes.com/markets/stocks…
Services contract sending GDP down 15%. Slowdown in 2019 meant India came into Corona crisis w🌍's largest # of unemployed young ppl; was in its worst recession & deepest banking crisis since Independence. Tiny fiscal stimulus threatens lost decade. bloomberg.com/news/articles/…
India's jobless numbers are in free-fall: 120 million in April. More than 1 in 4 workers unemployed in an economy with a threadbare safety net. Many returning from city daily-wage jobs to village farming. bbc.com/news/world-asi…
Sobering report. Standard epidemiological protocol: Isolate virus; contact-tracing & testing of ppl; Quarantine infected #Coronavirus must be seen in terms of State Capacity & Public Health axis. Pointless along authoritarian-democratic axis when set of things done is similar.
Global Cooperation between virologists, health workers thru WHO & China's & US CDC has been a shining example to humanity. Important to take a step back and remember that we are in a forever war w microbes. Many more of them than us... #coronavirus
Fantastic resource: interactive map of #coronavirus infections and deaths around the world. Data from CDCs/WHO.
Created by Center for Systems Science & Engineering, John Hopkins. Updated daily.
gisanddata.maps.arcgis.com/apps/opsdashbo…
Created by Center for Systems Science & Engineering, John Hopkins. Updated daily.
gisanddata.maps.arcgis.com/apps/opsdashbo…
