Making of a Catastrophe

The coronavirus pandemic delivered an unprecedented shock to the global economy—a crisis so severe it merits the designation 'catastrophe.' In *Making of a Catastrophe*, economist Jayati Ghosh provides a comprehensive analysis of the disastrous economic fallout triggered by the pandemic, examining not only its immediate effects but also the subsequent policies and lockdowns implemented worldwide. The book offers readers an essential evaluation of how this global crisis played out in India against the backdrop of international developments. Moving beyond conventional narratives, Ghosh critically assesses the impact across various economic sectors and scrutinizes the efficacy of governmental responses. She argues that the resulting damage is profound and unlikely to be simply erased once the immediate health emergency subsides. Through rigorous analysis, Jayati Ghosh illuminates the complex interplay between public health crises and economic stability. This work serves as a vital guide for understanding the lasting structural changes in global economies, offering deep insights into the challenges of recovery and the policy choices that will define the post-pandemic world.