Time will Tell
By Surjit S Bhalla and Arvind Virmani
Post COVID-19 World - New Paradigms of National Security
COVID-19 has hit the world economy very badly. The production activities have now been suffering after aviation, travel and tourism. In most of the world, there is a lockdown and the IMF has expressed fears that there would be a recession in 2020. Already, parallels are being drawn with the global financial slowdown of 2008 and Great Depression of 1929.