Four reasons why India's coronavirus crisis will derail the world economy

The virulence of the second wave in India seems to be related to a confluence of factors: government complacency, driven by poor data collection and being in denial about the reality of the data;

The second wave of the pandemic has struck India with a devastating impact. With over 300,000 new cases and 3,000 deaths across the country each day at present, the total number of deaths has just passed the 200,000 mark – that’s about one in 16 of all COVID deaths across the world. It is also evident that the India statistics are significant underestimates.

The virulence of the second wave in India seems to be related to a confluence of factors: government complacency, driven by poor data collection and being