Webinar: Olivier Blanchard on what it will take to save the economy from COVID-19

On Monday, April 6, 2020, Olivier Blanchard joined the Princeton Bendheim Center for Finance for a seminar on how COVID-19 has impacted the global economy—and what it will take to recover from this unprecedented crisis. Blanchard is a Senior Fellow at the Peterson Institute in Washington, D.C. The webinar began with introductions by Markus Brunnermeier, Director of Princeton's Bendheim Center for Finance. Learn more about the COVID-19 webinar series organized by Markus Brunnermeier: https://bcf.princeton.edu/event-direc... Jump to video chapters: Markus Brunnermeier introduction: 0:00 Beginning of Blanchard presentation: 6:48 Phase 1, decreasing the infection rate: 9:09 Phase 2, keeping the infection rate low: 11:03 Developing and emerging markets: 14:16 Infection fighting: 17:59 Disaster Relief: 22:24 Control of aggregate demand: 27:43 Debt sustainability: 32:21 The important fiscal role of central banks: 36:18 Back to developing and emerging markets: 39:50 The role of central banks and international institutions: 41:23 Audience questions: 45:25