The global economy is in unchartered waters, but governments must also learn from the Great Recession
Trade Union Advisory Committee, Paris
TUAC - Paris
2020
7 p.
epidemic disease ; globalization ; economic recession ; labour market ; employment policy ; financial sector ; social policy
Business economics
https://tuac.org/news/economic-impact-of-the-covid-19-crisis-by-john-evans/
English
"John Evans, former General Secretary of the TUAC, writes about the covid-19 crisis and draws some lessons from the 2008-2009 crisis, including:
Countries which preserve jobs and value workers will be the most resilient to this and future shocks
Policies and their financing must be socially fair and seen to be fair
Developing countries are particularly at risk and failing to aid them now will risk a boomerang effect of the pandemic returning
Support for the financial sector and beyond should not be unconditional
International co-operation must complement national action
Read the rest of this reasoned analysis by opening the PDF file attached.
(An abridged version of the article will appear in Social Europe)"
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