HKS Affiliated Authors
Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
Charles W. Eliot University Professor
Excerpt
Excerpt
Debt Relief Is the Most Effective Pandemic Aid. Lawrence Summers, April 15, 2020, Opinion, "Just as the pandemic can be contained most effectively and least expensively with aggressive early action, the lesson from the past is that global recessions and their human costs are best addressed quickly and boldly. A two-year debt-payment moratorium for every emerging and developing economy that needs help would serve both goals." Link