Leading economists from around the world are calling for swift policy action to mitigate the economic damage from the global pandemic. In this second eBook on the coronavirus from CEPR and Vox, the experts are unanimous that the case for decisive and coordinated fiscal stimulus is overwhelming.
IntroductionRichard Baldwin and Beatrice Weder di Mauro
1 So far, so good: And now don’t be afraid of moral hazardCharles Wyplosz
2 Flattening the pandemic and recession curvesPierre-Olivier Gourinchas
3 Limiting the economic fallout of the coronavirus with large targeted policiesGita Gopinath
4 Italy, the ECB, and the need to avoid another euro crisisOlivier Blanchard
5 The EU must