COVID-19 : hitting the sweet spot on the pandemic macro clock

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      <subfield code="a">Governments are working to strike a fine balance between easing lockdown measures and avoiding a second wave of COVID-19. The target is a "sweet spot" where infection rates are contained and the economy runs again, but at "new normal" capacity. We estimate this to be below 95% in most G20 countries, which means the recovery will remain protracted. The SRI Pandemic Macro Clock shows that most advanced markets have brought R0 below 1 and are now reopening their economies.</subfield>
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