LONDON : Measures to prevent the spread of coronavirus in developing countries come at a heavy cost to governments and citizens, raising poverty levels and government debt and crimping future growth.
Policy-makers have to make some hard socio-economic choices depending on the demographic, fiscal and labour market set-up of their country.
Rising inflation pressures and borrowing costs might well force countries to ease restrictions before the virus spread has been contained.
Below are three factors that will play a role in decision making on the scope and length of lockdowns. LABOUR The percentage of the workforce in informal labour is a big factor in decision making, say analysts, as those workers will be hardest hit and will need income