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The long-term effects of the pandemic: insights from a survey of leading companies.

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Article

Maqui, Eduardo ; Morris, Richard

European Central Bank

ECB Economic Bulletin

2020

8/2020

72-75

epidemic disease ; business economics ; digitalisation ; productivity

EU countries

Business economics

https://www.ecb.europa.eu/pub/economic-bulletin/focus/2021/html/ecb.ebbox202008_06~bad87fcf9b.en.html

English

"This box summarises the findings of an ad hoc ECB survey of leading euro area companies that looks at the long-term effects of the coronavirus (COVID-19) pandemic on the economy. While precipitating the largest short-term decline in economic activity for centuries, the COVID-19 pandemic has also brought about changes in the way businesses operate and consumers behave, some of which are likely to outlive the present crisis. These may in turn influence aggregates such as output, employment and prices – and the relationship between them – in the long term.[1].."

Digital



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