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The German change of attitude concerning fiscal policy and the mutualisation of efforts to fight the pandemic is driven by self-interest, and as such might be structural.
Persistent link: https://www.econbiz.de/10012700496
Too much blood in terms of unemployment and sweat in terms of intellectual effort has been spent on trying to determine the amount of fiscal space that economies have – our policy focus instead should be on what to do with the fiscal space that almost all advanced economies (and a surprising...
Persistent link: https://www.econbiz.de/10012700519
While Europe's response to the pandemic has been laudable, there remains more to be done in order to prevent economic scarring and ensure a robust recovery.
Persistent link: https://www.econbiz.de/10012700520
Persistent link: https://www.econbiz.de/10012488224
The recovery measures announced by Europe in parallel with the Green Deal are the perfect opportunity to step up the effort to measure the impact of public expenditure, both in the short and in the long term. To that aim, it is essential to quickly stabilise benchmarks to measure the financial...
Persistent link: https://www.econbiz.de/10012488237
Economic recovery post-COVID-19 will be structured around answering a number of fundamental questions. It is necessary to take stock of the extent of the recovery and of the transformation our economies have experienced in the last year and a half.
Persistent link: https://www.econbiz.de/10013343161
The COVID-19 pandemic has led to the biggest global recession since the Second World War. Forecasts show the European Union underperforming economically relative to the United States and China during 2019–2023. Southern European countries have been particularly strongly affected. Some sectors...
Persistent link: https://www.econbiz.de/10012700522
Unpaid work carried out inside the home has increased in the pandemic, and evidence points to women's share in care responsibilities and domestic tasks remaining higher than those of men in the pandemic, continuing the gender divides of past decades.
Persistent link: https://www.econbiz.de/10012700532
By April 2021, the COVID-19 crisis in Europe had reached a magnitude that, in the eyes of some observers, either deepened lingering divides and threatened the EU's very existence, or, conversely, forced the Union to address the fundamental flaws of its euro area and provided an opportunity to...
Persistent link: https://www.econbiz.de/10012700537
Europe has a window of opportunity to embark on a recovery that tilts towards digitalisation and a greener economy, and stands to generate sustainable benefits for its people.
Persistent link: https://www.econbiz.de/10012488238