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COVID-19 and the Political Economy of the European Union: New Crisis, Old Concerns
COVID-19 Pandemic, Crisis Responses and the Changing World: Perspectives in Humanities and Social Sciences ; : 83-101, 2021.
Article Dans Anglais | Scopus | ID: covidwho-2326853
ABSTRACT
The COVID-19 crisis has clearly hit the European Union (EU) hard, and at its very heart member states' governments have struggled to prepare and respond, while the whole regional block has lacked the coordinated action that would be expected of a cohesive, established and ambitious supra-governmental organisation. The present article investigates the impact of the pandemic on the political economy of the EU, reviewing some estimates of both the scope and depth of an economic downturn that bears a close resemblance the aftermath of the 2008 financial crisis. This timely analysis focuses, in particular, on Italy and Spain flailing economies already registering stuttering growth and mounting public debt when the Coronavirus entered their borders in early 2020. Concerted solutions are available but require a convergence of intentions which are traditionally hard to come by, in a regional context marked by increasing diversity of economic performances. Further, the public health crisis posed by COVID-19 has brought out fissures in the integration process of Europe between low and high-performing economies. © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2021.
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Texte intégral: Disponible Collection: Bases de données des oragnisations internationales Base de données: Scopus langue: Anglais Revue: COVID-19 Pandemic, Crisis Responses and the Changing World: Perspectives in Humanities and Social Sciences Année: 2021 Type de document: Article

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Texte intégral: Disponible Collection: Bases de données des oragnisations internationales Base de données: Scopus langue: Anglais Revue: COVID-19 Pandemic, Crisis Responses and the Changing World: Perspectives in Humanities and Social Sciences Année: 2021 Type de document: Article