on how the coronavirus pandemic will reshape the economy, impact workplace relations, and redistribute global supply chains.
The firm has over 350 analysts in 24 countries who specialize in pinpointing market trends across the globe,Based on data comparisons between the current climate and previous global crises, HSBC drew conclusions around what's going to happen in the post-pandemic era. "Those countries unable to successfully impose lockdowns — whether through financial or social-distancing constraints — will probably end up with more in the way of economic 'scarring,'" Stephen King, senior economic advisor at HSBC Global Research,"Those countries able to keep their businesses on life support for longer may build more effective 'bridges' to the future than others.
Business Insider analyzed HSBC's report and compiled a list of the three most important notes leaders need to know about the long-term consequences of COVID-19. The data in this briefing is based on numbers provided by the European Center for Disease Prevention and Control, UK government bodies, World Economic Outlook reports, and HSBC's corporate partners.
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