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Titulo |
Fighting the COVID-19 Crisis: Debt Monetisation and EU Recovery Bonds |
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Autoría |
Botta A, Caverzasi E, Russo A. |
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Fuente |
Inter Econ 2020 Inter Econ. 2020;55(4):239-244. doi: 10.1007/s10272-020-0907-z. Epub 2020 Jul 28. 10.1007/s10272-020-0907-z |
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Resumen |
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. |
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URL |
www.ncbi.nlm.nih.gov/pubmed/32834100 |
