Economics

Road From Lockdown to Liberty Paved With Economic Trade-Offs

  • Governments are debating how to ease sweeping restrictions
  • Policy makers must balance economic growth and public health

A pedestrian crosses Orchard Road during a partial lockdown imposed due to the coronavirus in Singapore, on April 20.

Photographer: Wei Leng Tay/Bloomberg
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The world economy is entering a new stage of the coronavirus crisis as governments inch toward easing restrictions.