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Facts & Findings

Coronavirus infects the global economy

by David Gregosz, Thomas Köster, Oliver Morwinsky, Martin Schebesta

The economic impact of an unforeseeable pandemic

Germany and Europe are facing unforeseeable social and economic challenges due to coronavirus. How can we go on? This paper analyzes options and gives recommendations.

Germany and Europe are facing unforeseeable social and economic challenges due to coronavirus. The economic impact of COVID-19 is far worse than that of the financial crisis twelve years ago. The shockwave has hit almost every industry, sector, and region in Germany, as well as its major trading partners. How should we go on? This paper analyzes options and gives recommendations.

 

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