The President and the COVID-19 Task Force
The WCTR Society’s Covid-19 Task Force has formulated a five-point recommendations for policy makers who are responsible for deciding when to end the Covid-19 lockdown period, and to those who are responsible for allocating nearly $12 trillion (worldwide) fiscal/monetary stimulus funds including central bankers.
We give clear reasons why the socially optimal lockdown period is longer than what citizens and business communities want. Further, the decision on when to end the lockdown should be made by state/province instead of choosing a uniform lockdown period by a country. If it is possible to control people movement across boundary, it is also, preferable to choose lockdown period by each city or county.
The remaining four recommendations focus on Transport and Logistics sector organization, including aviation and urban transit, in preparation for the post-lockdown period. For the full 3-page recommendations, please click WCTR Society Recommendations on COVID-19 Policy Decisions.