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Sergio Schmukler: How to "hibernate" firms for a resilient recovery from COVID-19

https://www.worldbank.org/en/news/video/2020/10/01/sergio-schmukler-on-how-to-hibernate-firms-for-a-resilient-recovery-from-covid-19

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Sergio Schmukler: How to "hibernate" firms for a resilient recovery from COVID-19

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Sergio Schmukler: How to "hibernate" firms for a resilient recovery from COVID-19
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Sergio Schmukler: How to "hibernate" firms for a resilient recovery from COVID-19
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Policymakers around the world have deployed a range of actions to cushion the effects of the economic shock brought on by COVID-19, while containment measures necessary to save lives continue.
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00:01 And this idea of hibernation is,

00:03 yeah,

00:03 you're going to be saving firms,

00:05 that those firms are going to be

00:08 um benefiting the young population that will be working in those firms later on.

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And this idea of hibernation is, yeah, you're going to be saving firms, that those firms are going to be um benefiting the young population that will be working in those firms later on.
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Policymakers around the world have deployed a range of actions to cushion the effects of the economic shock brought on by COVID-19, while containment measures necessary to save lives continue.
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