COVID-19 has triggered a severe recession and policymakers in European Union countries are providing generous, largely indiscriminate, support to companies. As the recession gets deeper, a more comprehensive strategy is needed. This should be based on four principles: viability of supported entities, fairness, achieving societal goals and giving society a share in future profits. The effort should be structured around equity and recovery funds with borrowing at the EU level.
In this episode, we discuss the proposal for a recovery plan outlined in a recent paper by Julia Anderson, Simone Tagliapietra and Guntram Wolff which can be read here www.bruegel.org/2020/05/rebooting…conomic-recovery/
Participating in this episode:
Maria Demertzis, Deputy Director, Bruegel
Giuseppe Porcaro, Head of Outreach and Governance, Bruegel
Simone Tagliapietra, Research Fellow, Bruegel
Guntram Wolff, Director, Bruegel
Insights, debates, and research-based discussions on economic policy in Europe and beyond. The podcast is produced by Bruegel (https://www.bruegel.org/), an independent and non-doctrinal think tank based in Brussels. It seeks to contribute to European and global economic policy-making through open, fact-based, and policy-relevant research, analysis, and debate. A podcast member of EuroPod.