The Economic and Financial Impacts of the Covid-19 Crisis Around the World (e-book) (used book) | bookbook.eu

Description

The Economic and Financial Impacts of the Covid-19 Crisis Around the World: Expect the Unexpected provides a research-based understanding of the COVID-19 crisis and its subsequent impact on businesses, consumers, banks, and financial markets, along with information on the effectiveness of government and policymaker reactions. The book reflects on social costs and benefits of various policies and presents a toolkit of preventive measures going forward. The book's authors put the COVID-19 economic crisis in context by comparing it to the Crash of 1929 and the Global Financial Crisis of 2007-2009, thus illustrating how crises in financial markets, and in banking, differ.

The book compares U.S. policies and outcomes in the COVID-19 crisis to those in other nations with different policy responses to the pandemic. It assesses the important costs and benefits of various government policy responses to the programs and suggests potential policy implications for prospective future economic crises. The book takes a holistic approach that considers the effects of policies taken in advance of crises as well as when they are occurring, paying particular attention to the speed and magnitude of policy reactions.