BRUSSELS : Modern economies will change forever after the coronavirus pandemic passes if some radical thinkers get their way.
Governments have already cast aside dogmas at least temporarily -- such as Germany’s “black zero" balanced budgets -- to protect companies and jobs in the deepest peacetime recession in almost a century.
Yet moves such as governments mailing checks to citizens and the UK administration borrowing direct from the Bank of England also offer a glimpse of different ways of running things in the longer-term. “Every crisis is an opportunity to rethink priorities," said Maria Demertzis, deputy director of the Bruegel think tank in Brussels. “The scale and the type of the crisis mean that, by definition, the tools we’re