Question

the arrival of covid-19 has sparked global fight against the pandemic and as result various countries have put different measures to manage the crisis. in some countries government has taken and is still taking various decisions to deal with the pandemic to curb its spread and eventual negative effects on the country. as a student of issues and crisis management,evaluate any five of such decisions indicating what is good about them and what needs to be improved.

Answer 1

Arrival of covid 19 is dangerous for entire world because it is pandemic. Due to it every nation is suffering from recession. Every government takes sufficient steps to control the pandemic impact on the nation.

• I think government should provide stimulus packages to increase the income, output and employment in economy.
• Government should cut the taxes to increase the aggregate demand. But reduction in taxes can decrease the government receipt and deficit budget takes place and to cover it, governmnet will borrow from various sources and public debt will rise as result. Therefore, government should reduce taxes on poor population only.
• Government should increase government spending, autonomous investment to save the nation from recession. But excess outlay by government can increase the demand more as compared to supply and inflation will take place. Therefore, government spending must be carefully organized.
• Government should provide liquidity in the accounts of poor people to make them survive in the arduous situation.