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Global Dialogues: Will COVID-19 recession leave long-term economic scar? What experts say

Updated : June 06, 2020 09:17 AM IST

Will COVID-19 recession leave long-term economic scar? Raghuram Rajan on Friday said government can’t bailout every company, and many will need to be run through bankruptcy.

On CNBC-TV18's special show Global Dialogues, Ceyla Pazarbasioglu, VP - equitable growth finance and institutions at World Bank Group, moderated a discussion on economic impact of COVID-19 and the policy implications for developing economies.

Panellists included Mohamed El-Erian, chief economic adviser at Allianz and Raghuram Rajan, professor of Finance at University of Chicago and former Governor of RBI.

Watch this video for details

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