Back to the ‘New Normal’ future: Covid Reinforces Imperative For IFCs To Collaborate In Fight Against Common Threats

Unprecedented is an overused and all-too-often abused word. It is commonly deployed to describe anything from sporting triumphs through to company financial results or reality television celebrity antics. Indeed, the severity and nature of the global financial crisis of 2007-9 is often written about as if it were without comparison – even though the 1930s saw a deeper economic retrenchment and there is typically a credit crunch somewhere once every two years.