We should also consider Norway's foresight not to squander its North Sea oil wealth. It is a financial position to weather this storm like no other western country. The rest of the west is facing an increased money supply to create social programs, there's a good chance the bad consequences of that will be greater than Covid-19.
Nations need to think more long term. It is time for a new way of governance.
Tiered Democratic Governance
This system will teach and employ dugnad to the rest of the world.