Recovering from the pandemic: an appraisal of lessons learned

Policy Study

27/10/2020

This FEPS Covid Response Paper by Nobel Laureate Professor Joseph Stiglitz provides observations from the failures and successes around the world in dealing with Covid-19 and its economic aftermath.

Professor Joseph Stiglitz explains why, even with the best policies, the economic fall-out from Covid-19 is likely to be severe: there will not be a V-shaped recovery, but rather a U-shaped one. The real question is how deep the U will be, and how long it will take before a robust recovery.

The author reviews the priorities for the recovery packages and highlights the areas in which government intervention is crucial.

Lastly, Professor Stiglitz examines the latest developments of the European response to the pandemic and puts forward a set of recommendations to complete the recovery pack.

Read COVID Paper 10 by Joseph Stiglitz

Check FEPS COVID response insights

 

 

Find all related publications
Publications
24/01/2024

Progressive Yearbook 2024

Looking back to look ahead
22/11/2023

The macro-economic impact of the cost crisis

Lessons for Europe
18/09/2023

Making trade work for prosperity, people and planet

FEPS Primers series - Arancha González and Yanis Bourgeois
01/09/2023

Bidding farewell to workfare?

Recovery Watch series
Find all related Progressive Post
Progressive Post
08/02/2024

A just transition in crisis mode

06/02/2024

Food prices are high. Why are farmers angry?

01/02/2024

Progressive industrial policy: an antidote for troubled times

Find all related events
Events
Upcoming
07/03/2024
FEPS HQ

Reinforcing European cohesion

New goals and tools to share prosperity in Europe
Past
30/01/2024
FEPS HQ (Expert meeting)

Progressive Economics Network

Towards a progressive toolbox to deal with inflation
24/01/2024
FEPS HQ

Progressive Yearbook launch

Find all related news
News
18/01/2024

FEPS President at Euronews talk-show ‘Brussels, my love?’

29/11/2023

Economic Democracy

FEPS launches an initiative on Economic Democracy
09/10/2023

Tax the rich

A European Citizens' Initiative
14/09/2023

Call for tender – Researcher on inflation

This call for tender closed on 03/10/23
Find all related in the media
In the media

FEPS President at Euronews talk-show ‘Brussels, my love?’

by Euronews 15/01/2024
Panellists discussed topics including EU fiscal rules reform, German farmer's protests, and the decision of Charles Michel to quit his job early to run for MEP.

“Trade doesn’t work in isolation from good domestic policies” Interview to Arancha González

by Borderlex 19/09/2023
Interview to Arancha González, former Spanish foreign minister, who released together with FEPS the new book entitled 'The Trade Handbook: Making Trade Work for Prosperity, People and Planet'

A szociális unió imperatívusza

by Új Egyenlőség 09/09/2023
'The imperative of Social Union'. Article about FEPS book 'Europe’s Social Integration: Welfare Models and Economic Transformations' by László Andor.

Após 66 anos de adiamentos, a barragem do Pisão entrou em contra-relógio

by Pùblico 19/08/2023
'After 66 years of postponements, the Pisão dam has entered a race against time' Pùblico's article mentions FEPS Policy Study 'Governing the RRF'