Many institutions have put fundamental protections in place for their staff and clients. Companies have activated no-journey and work-from-home insurance policies for some staff and physical-distancing-at-work measures for others. For remote staff, interruptions are more frequent than in the office. Making a mental separation from a sometimes-chaotic home life is hard.
Less developed economies would undergo greater than superior economies. And not all sectors are equally affected on this scenario.
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Business funding contracts, and company bankruptcies soar, placing vital stress on the banking and monetary system. At the time of writing, there have been more than 160,000 confirmed instances of COVID-19 and more than 6,000 deaths from the disease. Older people, particularly, are in danger (Exhibit 1).
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