The proactive government policies include: automatic stabilizers that sustain household consumption amid shocks, such as unemployment benefits for workers and agricultural price support and insurance for small farms'1, active macroeconomic policies to restore confidence, such as targeted cash transfers and bank deposit insurances, building and maintaining ample fiscal space, and structural and medium-term policies, such as a shift towards countercyclical fiscal policies and deepening domestic financial markets.' Panel B in figure C shows the positive impact on GDP for each country through the application of proactive fiscal and financial policies. The magnitude of the output loss arising from policy uncertainty in the advanced economies can be moderated by an average of 75%. This reduction in the adverse impact of policy uncertainty can offer significant relief to citizens in terms of preserving jobs.