Covid-19, Implication For Business
It’s Year Two Of The COVID-19 Crisis. What Comes Next?
By McKinsey & Company
One year ago this month, WHO declared a global pandemic. Through a long and dismal year, McKinsey has tracked the development of COVID-19 and its devastation and disruption.
Today, they mark the milestone with a set of new reports and articles that look ahead with considerable optimism to the second year of the pandemic.
Public health is still the chief concern. In the latest installment of their perspectives on when the pandemic will end, McKinsey see progress toward normalcy during the second quarter of 2021 in the United Kingdom and the United States and herd immunity in the third quarter.
The new wave of cases in the European Union means that these transitions are likely to come later. But new variants of the coronavirus and other risks threaten that timeline.
