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Mapping out the post COVID-19 recovery

Summary:
COVID-19 has triggered a severe recession and policymakers in European Union countries are providing generous, largely indiscriminate, support to companies. As the recession gets deeper, a more comprehensive strategy is needed. This should be based on four principles: viability of supported entities, fairness, achieving societal goals, and giving society a share in future profits. The effort should be structured around equity and recovery funds with borrowing at EU level. By: The Sound of Economics Date: May 15, 2020 Topic: European Macroeconomics & Governance

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COVID-19 has triggered a severe recession and policymakers in European Union countries are providing generous, largely indiscriminate, support to companies. As the recession gets deeper, a more comprehensive strategy is needed. This should be based on four principles: viability of supported entities, fairness, achieving societal goals, and giving society a share in future profits. The effort should be structured around equity and recovery funds with borrowing at EU level.

By: Date: May 15, 2020 Topic: European Macroeconomics & Governance

Sound Money Economics System was a fringe political party in Manitoba, Canada, during the provincial election of 1941.

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