SÉMINAIRE DE RECHERCHE EN ÉCONOMIE - GATE LYON SAINT-ÉTIENNE : Dirk EHNTS
Le 3 juin 2021
10h45 - 12h00
Dirk Ehnts, Institute for International Political Economy Berlin, présentera un séminaire intitulé : COVID-19 and its economic consequences for the Euro Area.
Il interviendra par visioconférence.
Résumé / abstract : The coronavirus crisis reveals the shortcomings of the Euro Area (EA), which were already evident after the global financial crisis. We show that the self-imposed constraints within the EA have prevented a recovery in the last decade. However, the suspension of the stability and growth pact and recent measures of the European Central Bank have broken the chains. We recommend that national governments make use of their regained sovereignty inside the EMU framework and do not wait for European-wide solutions. In addition, we provide policy proposals consistent with the current EA framework.
