Economist Podcasts Gross domestic plummet: China’s historic contraction
Apr 17, 2020
Simon Rabinovich, the Asia economics editor based in Shanghai, discusses China's historic GDP contraction, the first in over 40 years, triggered by the COVID-19 pandemic. He highlights the significant 6.8% drop and its implications for global economies. The conversation shifts to government efforts supporting the homeless amid the crisis, including innovative housing solutions. Additionally, Rabinovich reflects on the enduring legacy of civil rights leader Joseph Lowry, underscoring his contributions to social justice and equality.
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Vulnerability of the Homeless
- Homeless individuals face heightened vulnerability due to generally poorer health conditions and difficulty following stay-at-home orders.
- Their higher risk of pre-existing conditions like asthma and TB increases COVID-19 fatality risks.
Repurposing Buildings for Shelters
- Governments are using empty hotels, hostels, and public buildings as shelters.
- This offers better social distancing than traditional shelters, but implementation varies.
Progress in Housing the Homeless
- While efforts to house the homeless during the pandemic are underway, progress has been slower than desired.
- London successfully housed most rough sleepers, showing potential but not global consistency.