G2TT
来源类型Policy insights
规范类型论文
来源IDPolicy Insight 109
Policy Insight 109: The Legacy of the Pandemic: How Covid-19 is Reshaping Economic Policy in the EU
George Papaconstantinou; Marco Buti
发表日期2021-04-23
出版年2021
语种英语
摘要The economic policy response to the Covid pandemic broke new ground, in terms of its ambition, the tools used, and its institutional characteristics. This paper argues that three sets of factors explain this: our evolving understanding of macroeconomics; the nature of the current crisis; and the policy learning from the financial crisis. It also reviews the emerging institutional landscape at EU level, with its combination of rules-based and institutional features, and assesses the critical factors for successful implementation of the Recovery and Resilience Plans at national level. The paper finally contends that four sets of issues will be important in shaping the legacy of the pandemic for European integration: redefining the new boundaries between state and market; revisiting the nature of subsidiarity; reconnecting the EU domestic with the global agenda; and learning to respond to longer term structural shifts.
URLhttps://cepr.org/publications/policy-insight-109-legacy-pandemic-how-covid-19-reshaping-economic-policy-eu
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/546717
推荐引用方式
GB/T 7714
George Papaconstantinou,Marco Buti. Policy Insight 109: The Legacy of the Pandemic: How Covid-19 is Reshaping Economic Policy in the EU. 2021.
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