How long do you think the crisis can last after the epidemic?
What are the most likely events to occur?
It's going to be really hard for an economy to get back on its feet. But we can only hope for the best the first, there must be a vaccine to put a stop to this crisis.
The vaccine is really the answer. Some countries that were declared covid free are now on its second wave of covid and is lock down again. It seems that it is very difficult to fight this invisible thing and due to this the economy will keep going down. But it looks like it will take more time to develop the vaccine.
maybe for developed countries it will be easy to restore the economy, although it can be ascertained that it takes time too and do not know what about developing countries, maybe the solution is aid from debt to developed countries or the IMF. I agree with colleagues above that they cannot determine when this pandemic will end, only the discovery of drugs and vaccines can break the pandemic chain. So far, only the severance between the sick and the healthy is done so as not to be infected, not to eliminate the pandemic. WHO and developed countries need a year to be able to create drugs and vaccines due to regulatory constraints that must still be implemented to be recognized as drugs and vaccines that are safe for humans.