Fighting the COVID-19 crisis: debt monétisation and EU Recovery Bonds

Saved in:

Published in:

Authors and Corporations:

Botta, Alberto (Author), Caverzasi, Eugenio (Author), Russo, Alberto (Author)

Other Authors:

Caverzasi, Eugenio [Author] • Russo, Alberto [Author]

Type of Resource:

E-Book Component Part

Language:

English

published:

2020

Series:

Subjects:

Coronavirus

Wirtschaftskrise

Stabilisierungspolitik

EU-Staaten

Aufsatz in Zeitschrift

Source:

Verbunddaten SWB
Lizenzfreie Online-Ressourcen

ISSN:

1613-964X

License:

Description
Summary:	This paper highlights some peculiar characteristics of the economic crisis induced by the spread of COVID-19. It suggests two intertwined policy measures in order to tackle the emergency phase of the crisis and to support the economy in the subsequent recovery phase. The proposed short-term policy measures offer policy responses in the event of a second wave of coronavirus infections in the coming months. In the aftermath of the emergency phase, the current proposal puts forward the implementation of a massive EU-wide recovery plan addressing the long-lasting technological and environmental challenges of these years, which will be financed by European institutions through the issuance of European Pandemic Recovery Bonds.
ISSN:	1613-964X
DOI:	10.1007/s10272-020-0907-z
Access:	Open Access