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The Coming Coronavirus Crisis: What Can We Learn?

Abstract

The coronavirus pandemic is bringing with it the prospect of severe financial and economic crises. The article investigates its economic consequences in terms of financial instability, economic recession, lower incomes and policy challenges at the national and European levels. What are some of the lessons that can be learned? This article argues that health is a global public good. Public health and welfare systems are crucial alternatives to the market and universal public health is a key element of an egalitarian policy.

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Open Access funding provided by ZBW — Leibniz Information Centre for Economics.

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Correspondence to Matteo Lucchese or Mario Pianta.

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The views expressed do not necessarily reflect those of the institutions with which the authors are affiliated.

Matteo Lucchese, Istat, Rome; and Scuola Normale Superiore, Florence, Italy.

Mario Pianta, Scuola Normale Superiore, Florence, Italy.

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Lucchese, M., Pianta, M. The Coming Coronavirus Crisis: What Can We Learn?. Intereconomics 55, 98–104 (2020). https://doi.org/10.1007/s10272-020-0878-0

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  • DOI: https://doi.org/10.1007/s10272-020-0878-0