COVID-19 Economy July 22, 2021World governments have taken on significant debt to fight COVID-19. But problems from a debt overhang are not inevitable. After World War II in the United States, and in many other examples over time, the debt burden was reduced by driving nominal growth, not by cutting debt. We strive to provide individuals with disabilities equal access to our website. If you would like information about this content we will be happy to work with you. Please email us at: McKinsey_Website_Accessibility@mckinsey.com To read the article, see “Looking beyond the pandemic: Could the world economy gain more than it lost to COVID-19?”, June 14, 2021.