Monday September 21, 2020

Comment: Europe and Asia have different approaches but common goals for recovery

Policymakers in both parts of the world must begin considering how to translate emergency measures into more sustainable policies to safeguard their long-term prospects

13th August, 2020
A security guard checks the body temperature of customers at an Apple store in Shanghai. Europe and Asia‘s economic response to the pandemic has varied in approach and size

Covid-19 has claimed more than 700,000 lives, infected more than 19 million people and decimated rich and poor economies alike. But even as most of the world faces unprecedented recession, policy responses differ sharply. The contrast between Europe and Asia is a case in point.

Both regions are undoubtedly facing serious economic hardship. The European Commission expects the eurozone economy – which grew by 1.3 per cent in 2019 – to contract by 8.7 per cent this year.

In the...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Social Justice Ireland calls for introduction of universal basic income as part of a ‘fair recovery for all’

Daniel Murray | 1 week ago

Giving everyone a baseline payment does not disincentivise work, and it’s the best way to deal with a technological future

Aidan Regan | 1 week ago

If we want better meat, environmental sustainability, and improved pay and conditions for workers, then we need to pay more and confront the murky practices of the global corporate meat and agribusiness industry

Aidan Regan | 1 month ago