There is enormous uncertainty about how COVID-19 will affect health outcomes, as well as its impact on the economy and the poor. Such uncertainty makes policymaking hard. Some decisions that seem sensible now will prove to be wrong, highly costly, or ineffective later on. No-regret policies are those that are worth doing now regardless of which scenario actually plays out. In this talk, Oxford Professor of Economic Policy, Stefan Dercon, will share with us his proposed no-regret policy mix for developing countries to address the impact of COVID-19.
