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Chapitre d'ouvrage Année : 2020

COVID-19: Europe needs a catastrophe relief plan

Résumé

Beyond its public health dimension, the unfolding coronavirus epidemic also represents a severe economic stress test for Europe that comes from a totally unexpected side. This time, it is primarily a shock to the real economy hitting all European countries more or less equally (time lags will soon become a footnote). The buffers and firewalls put in place after the global financial crisis and the euro crisis have been designed to fight a different sort of crisis, originating in the financial sector or in a particular sovereign. This time is different.
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Dates et versions

halshs-03230045, version 1 (19-05-2021)

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  • HAL Id : halshs-03230045 , version 1

Citer

Agnès Bénassy-Quéré, Ramon Marimon, Jean Pisani-Ferry, Lucrezia Reichlin, Dirk Schoenmaker, et al.. COVID-19: Europe needs a catastrophe relief plan. Richard Baldwin; Beatrice Weder di Mauro. Mitigating the COVID Economic Crisis: Act Fast and Do Whatever It Takes, CEPR Press, pp.121-128, 2020, 978-1-912179-29-9. ⟨halshs-03230045⟩
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