Minimum Economic Recovery Standards (MERS) Guidance in Response to COVID-19

Markets play a critical role in how people survive, as well as being physical places where people meet to buy and sell goods. As COVID-19 disrupts the normal activities and relationships of communities we can look to the Minimum Economic Recovery Standards for some guidance on what to do. Now, when social distancing is recommended is the ideal time to review the Assessment & Analysis standards and, in accordance with Standard 1, prepare for future market assessments (noting we can already start predicting the effects on markets based on what is happening elsewhere). This is an ever-changing crisis, so also look to Standard 6 of the Assessment & Analysis Standards to continually monitor and assess the situation and iterate.

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