This article was first published on May 22, 2020.
Editor's note: Oliver Wyman is monitoring the COVID-19 events in real time, and we have compiled resources to help our clients and the industries they serve. Please continue to monitor the Responding To Coronavirus Hub for updates.
Welcome to the second installment of our Pandemic Navigator Insight Series. This second article offers guidance for policymakers that have been tasked with steering the ship through these uncertain waters.
In particular, we look at how a number of key factors (testing and tracing, immunity, seasonality and partitioning strategies) will influence the evolution of the crisis and we put forward a decision-making framework which integrates both healthcare and economic outcomes.
Having bought some necessary time, policymakers are now faced with the following question: What is the revised set of policy measures that can keep the growth in COVID-19 cases under control while inflicting as little further damage as possible on the economy and broader society?
This latest paper attempts to lay the foundations for answering this question.