The Economy on Ice: Meeting the Economic Challenges during and after the COVID-19 Crisis

10 Pages Posted: 31 Mar 2020

See all articles by Spiros Bougheas

Spiros Bougheas

University of Nottingham - School of Economics

Date Written: March 29, 2020

Abstract

The purpose of this article is twofold. Firstly, it argues that it is doubtful that the currently announced policies will achieve their targets while they create substantial obstacles to the recovery of the post-crisis economy. Secondly, it proposes an alternative plan that its aim is (a) to ensure that everyone in the UK has the means to survive the crisis and, (b) to facilitate economic recovery by preserving the productive capacity of the economy and, hence, its ability to sustain a high employment rate.

Keywords: COVID-19, Central Bank Policy, Incomes Policy

JEL Classification: E58, E64, H51

Suggested Citation

Bougheas, Spiros, The Economy on Ice: Meeting the Economic Challenges during and after the COVID-19 Crisis (March 29, 2020). Available at SSRN: https://ssrn.com/abstract=3563536 or http://dx.doi.org/10.2139/ssrn.3563536

Spiros Bougheas (Contact Author)

University of Nottingham - School of Economics ( email )

University Park
Nottingham, NG7 2RD
United Kingdom

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
179
Abstract Views
1,519
rank
213,984
PlumX Metrics