India city Mumbai covid-19 pandemic shock travelers India city Mumbai

A rosy future for pandemic-resilient firms

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MUMBAI : It is already evident that the covid-19 pandemic could radically rewire the economic landscape for a long time.

One way is through an enduring shift in capital and jobs away from industries more susceptible to such disruptions, a new VoxEU article by Marco Pagano of the University of Naples, and others, suggests.Investors are shying away from stocks of companies that are less resilient to pandemic shocks, the authors say.

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