A new series of human stories and perspectives highlighting the effects that COVID- 19 is having on the people, is titled the New Possible. A lot of people had toiled for years, to make their ends meet, while many had by now established themselves. Then, COVID- 19 struck, and the hopes and aspirations of millions evaporated within weeks. The present crisis has disproportionately affected the livelihoods of the poorest of people, such as minorities across countries. Business intelligence arrived at from across academic studies, suggests that most people are pessimistic about the future of their country’s economy, with the Chinese people being noted exceptions. Stability is what people are searching for right now. They need security at this time of uncertainty. The scenario planning too has shifted this way.

Source:https://www.mckinsey.com/about-us/covid-response-center/conversations/the-new-possible/the-careful-economy

Uploaded Date:04 August 2020