Recovering from the pandemic: an appraisal of lessons learned
Foundation for European Progressive Studies, Brussels
FEPS - Brussels
2020
21 p.
epidemic disease ; government policy ; economic recovery
FEPS Covid Response Papers
October 2020 - #10
Business economics
https://www.feps-europe.eu/resources/publications.html
English
"This FEPS Covid Response Paper provides observations from the failures and successes around the world in dealing with Covid-19 and its economic aftermath.
Professor Joseph Stiglitz explains why, even with the best policies, the economic fall-out from Covid-19 is likely to be severe: there will not be a V-shaped recovery, but rather a U-shaped one. The real question is how deep the U will be, and how long it will take before a robust recovery.
The author reviews the priorities for the recovery packages and highlights the areas in which government intervention is crucial.
Lastly, Professor Stiglitz examines the latest developments of the European response to the pandemic and puts forward a set of recommendations to complete the recovery pack."
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