Is the US or Europe more resilient to COVID-19?
Springford, John ; Tilford, Simon
Centre for European Reform, London
CER - London
2020
22 p.
epidemic disease ; economic recovery ; labour market ; income policy ; comparison
Policy Brief
August 2020
Labour market
https://www.cer.eu/publications/archive/policy-brief/2020/us-or-europe-more-resilient-covid-19
English
Statistics
"According to the popular narrative, the US and Europe represent different ways of managing market economies and democratic societies. The US has a smaller government, more dynamic markets, and a culture of individual responsibility. In Europe, taxes are high, better quality public services are available to all citizens, and more rigid labour markets provide greater protection for workers (at the price of higher unemployment)."
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