In the next several months, as vaccines roll out and the number of new cases and deaths consequently decreases, many countries will begin implementing measures for safe reopening of their economies. This panel will discuss the short term implications of resumption of economic activities and expected phase out of government policies put in place during the pandemic, including the effects of defaults and bankruptcies on global financial stability.

Moderator/Discussant: Sharon Kozicki, Advisor to the Governor of the Bank of Canada