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Advisor(s)
Abstract(s)
Discute-se neste ensaio a crise económica desencadeada pela
Covid-19, designadamente nas suas particularidades e nos elementos comuns
com as crises económicas que a antecederam. Em particular, discutem-se os ele mentos de ligação com a crise de 2008-2009, com destaque para a comparação
entre as respostas que foram dadas nessa altura com as respostas que estão a ser
dadas na situação atual, procurando-se evidenciar as diferenças entre a inter venção mais ativa do Banco Central Europeu e a intervenção hesitante e contra ditória das instituições nacionais e europeias com responsabilidade na política
orçamental.
Destaca-se a necessidade de um plano de recuperação económica, de di mensão europeia e integrador das especificidades nacionais, bem como a necessi dade de uma alteração de postura relativamente ao papel da política económica,
que deve privilegiar uma perspetiva expansionista de longo prazo em substitui ção da perspetiva contracionista que tem condicionado a gestão macroeconómica
europeia nos últimos anos.
This essay discusses the economic crisis triggered by Covid-19, namely in its particularities and in the common elements with the economic cri sis that preceded it. In particular, the elements of connection with the 2008-2009 crisis are discussed, with emphasis on the comparison between the responses that were given at that time and the responses that are currently being given, seeking to highlight the differences between the more active intervention of the European Central Bank and the hesitant and contradictory intervention of na tional and European institutions with responsibility for fiscal policy. We highlight the need for an economic recovery plan, with a European di mension and integrating national specificities, as well as the need for a change in attitude regarding the role of economic policy, that should favor a long-term expansionist perspective instead of the contractionary perspective which has conditioned European macroeconomic management in recent years.
This essay discusses the economic crisis triggered by Covid-19, namely in its particularities and in the common elements with the economic cri sis that preceded it. In particular, the elements of connection with the 2008-2009 crisis are discussed, with emphasis on the comparison between the responses that were given at that time and the responses that are currently being given, seeking to highlight the differences between the more active intervention of the European Central Bank and the hesitant and contradictory intervention of na tional and European institutions with responsibility for fiscal policy. We highlight the need for an economic recovery plan, with a European di mension and integrating national specificities, as well as the need for a change in attitude regarding the role of economic policy, that should favor a long-term expansionist perspective instead of the contractionary perspective which has conditioned European macroeconomic management in recent years.
Description
Keywords
Covid-19 Corona vírus Crise económica Zona euro Integração europeia Covid-19 Coronavirus Economic Crisis Eurozone European Integration
Pedagogical Context
Citation
Mendonça, António. (2020). “Coronacrise 2020: que crise?”. Economia & Empresa. n.º 28: pp. 11-42. (Research PDF in 2022)
Publisher
: Universidade Lusíada