Economic Approaches & Dimensions of the Covid-19 Crisis (executive summary)

by: Γιάννης Ευσταθόπουλος

Μάρτιος 2020

Causes - Uncertainties - Policy responses

This policy paper proceeds to a review of analyses and articles on the causes and features of the Covid-19 crisis, as well as on the proposals submitted to address it. Overall, three main approaches can be distinguished:

  • the Covid-19 crisis is an external shock of temporary nature
  • the Covid-19 crisis is an accelerator of structural weaknesses arising from economic, productive and financial globalization
  • the Covid-19 crisis is the symptom of a much deeper ecosystemic crisis