Follow TopicFollow Contributor Share Feedback
Preamble to the 2021 <i>Compendium</i>

Preamble to the 2021 Compendium

by Andy Haldane

Chief Economist, Bank of England

May 17, 2021

Compendium

There are many reasons why events in 2020 will be etched into the history books. The global pandemic has resulted in huge numbers of casualties, with millions of lost lives and hundreds of millions of lost livelihoods. The scars of these losses will be felt for many generations to come. And these losses have been highly unevenly distributed across society, with the heaviest burden often felt by the young, the poor, the least-skilled and minorities. Pre-COVID inequalities of incomes and life-chances, already large and widening, have been made worse by the events of the past year. 

Yet all crises bring opportunities and this one will be no exception. As the world begins the process of recuperating from the COVID crisis, it is important we focus on those opportunities and, indeed, rebuild our economies and societies in ways which benefit from them. For all of their collateral damage, crises allow a re-evaluation, a rethink and a refresh many of our behaviours and practices, whether as individuals, businesses, communities, or nation states. 

This content is available to paid Members of Starling Insights.

If you are a Member of Starling Insights, you can sign in below to access this item. 

 

If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform.  Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.

Join The Discussion

See something that doesn't look quite right?

We strive to provide high quality and accurate content at all times. With that said, we realize that sometimes links break, new information becomes available, or there is something that you feel we may have missed.

If you see something that you think we should be aware of, we would love to hear from you. Feel free to drop us a note below and leave your name and contact info if you'd like to hear back from us.

Thank you for being a key part of the Starling Insights community!