The attack of the Covid zombies ...Qatar

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The attack of the Covid zombies
As Western economies emerge from the Covid-19 crisis, banks and governments are facing a new problem: how to deal with the corporate walking dead. But an innovative worker-centred scheme could offer a possible solution. In both the United States and the European Union, corporate bankruptcies have declined during the 15 months of the pandemic, despite the severe accompanying recession. That decline is a result of rich-country governments – in their understandable desire to soften the pandemic’s economic blow – extending every possible safety net to firms. Often, however, they did so without even trying to separate those with good economic prospects from those with none. As a result, the busi

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