Crisis Will Be Severe and Prolonged, with No Rebound in 2021, Predicts Economist

In her latest book, economist Monica de Bolle assesses that a break with economic strategy standards, such as the spending ceiling, is required to address the challenges of the coronavirus.

RIO DE JANEIRO, BRAZIL - Economist Monica De Bolle has just released her book 'Ruptura' ('Rupture') - the first book in the series 'A Pilha de Areia' ('the Sand Castle'), which analyzes the economic impact of the Covid-19 pandemic. In her book, de Bolle argues that a break with the established economic strategy standards, such as the public spending ceiling in Brazil, is required to address the challenges introduced by the novel coronavirus.

The economist makes it clear that the health crisis will have much longer-term impacts than governments and businesses seem to project today. She believes that the emergency . . .

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