As governments across the world seek to rebuild their shattered economies, they have announced significant spending plans to generate growth.
Across the globe, this increased spending has had a similar flavour, focusing on areas such as infrastructure development and promoting a more sustainable economy, and mining is likely to have an important role in these spending programmes. With interest rates already at record lows, policymakers have recognised that monetary policy alone is not enough and have focused on fiscal policy to boost growth. In the face of the Covid-19 outbreak, global governments have created vast stimulus packages - the €750bn European Recovery fund, for example, or the $2trn package laid out by the CARES (C...
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