Lessons for handling virus shocks

For at least the third time in the last 10 years, advanced economies are getting sudden and accelerated exposure to something that is much more familiar in the developing world.
 
The hope is that, in the process of coming up with the right policies to deal with the effects of the spread of the coronavirus, they also internalise the emerging countries’ lessons more quickly and fully this time.
 
The coronavirus has touched off an accelerating series of economic and social disruptions around the world, such as canceled work trips, a growing number of school closings and panic buying