To Our Readers
These are extraordinary times. We all remain uncertain about what the world will look like on the other side of the pandemic, or when we may get there. And so we wanted this year’s Forum to both acknowledge and reflect the changes that are unfolding.
Importantly, this year’s content highlights the impacts – some perhaps lasting, and others short-lived – that the disruptions caused by the pandemic are having on businesses, markets, and economies. In this, we focus especially on the research, work, and analysis being carried out across all sectors of the economy by our esteemed academic and industry experts, as well as by our colleagues.
We thought that it would be useful to frame many of these ideas by exploring an overarching theme: Who will bear residual risks in the reconfigured economic landscape? This question cuts across all manner of business relationships: B2B, producer/consumer, supplier/producer, landlord/tenant, lender/business, employer/employees, business/municipality, homeowner/mortgage provider, and insurer/insured, to name only a few.
How that residual risk is borne will be determined by law, regulation, and analysis of facts, on the one hand; and by the nature of the relationships themselves, on the other. Appropriately sorting out the responsibilities and risks among the different parties in a range of relationships, industries, and fact circumstances will require deeply thoughtful efforts.
We hope you continue to find Forum insightful, provocative, and helpful in these challenging times.
— Martha S. Samuelson, CEO and Chairman
Analysis Group affiliate Austan Goolsbee, the Robert P. Gwinn Professor of Economics at The University of Chicago Booth School of Business, served on President Barack Obama’s Council of Economic Advisers during the 2008 financial crisis.
Zombie, Over-Levered, or Shocked-but-Sound? Pandemic-Induced Bankruptcies and Related Valuation Questions
Shocks from the coronavirus pandemic have placed and will continue to place an enormous strain on the global economy and US businesses.
When facing an economic crisis on the scale of the one caused by the coronavirus pandemic, it’s logical to look to other periods of economic upheaval for a sense, even if imperfect, of what may happen next.
The coronavirus pandemic has disrupted a large number of ongoing business relationships and generated considerable uncertainty over basic commercial actions.
Recent dislocation in financial markets induced by the coronavirus pandemic brings back memories of the 2008 financial crisis.
A preview of topics for upcoming editions of Forum
Also on AnalysisGroup.com
Analysis Group Team Assesses the Financial Impact of COVID-19 on US Hospitals
Lessons from Great Recession Could Inform COVID-19 Mortgage Litigation Matters, According to Analysis Group Team in Law360
Stimulus Spending on Electricity Grid May Help Economy Recover According to Senior Advisor Susan Tierney in Utility Dive Op-Ed
NPR Interviews Analysis Group Affiliate Anupam B. Jena on the Less Obvious Consequences of COVID-19
Analysis Group Affiliate Anindya Ghose and Professor D. Daniel Sokol Discuss Use of Platform Technology to Combat Health Pandemics