# Lord Mervyn King explains why the economic recovery following the peak in the coronavirus pandemic will depend critically on the policies governments put in place

1 Faculty News March 31, 2020 ![Yahoo Finance logo](/sites/default/files/styles/246w/public/assets/images/yahoofinance.jpg?itok=iQnyXkp_)>

Excerpt from [Yahoo Finance](https://finance.yahoo.com/news/economic-recovery-after-the-coronavirus-hinges-on-one-factor-former-bank-of-england-governor-190920474.html) -- "You can’t, until we get an exit plan from the new world the coronavirus has created. 'I think it \[the economic recovery\] will look very different. It will depend critically on the policies governments put in place,' explained former Bank of England governor Lord [Mervyn King](https://www.stern.nyu.edu/faculty/bio/mervyn-king) on Yahoo Finance’s The First Trade."

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