CMI FEMISE COVID-19 MED BRIEF 9 – Economic policy responses to COVID-19: the case of EU and non-EU Mediterranean countries

27-11-2020
CMI FEMISE COVID-19 MED BRIEF 9 – Economic policy responses to COVID-19: the case of EU and non-EU Mediterranean countries
CMI FEMISE COVID-19 MED BRIEF 9

The coronavirus pandemic has not only led to human casualties but also generated a severe global economic downturn. Governments have responded with economic stimulus packages to mitigate the adverse effects of this downturn.

In this brief, the authors analyze the economic policy responses adopted by 21 Mediterranean countries. Their analysis shows that the packages that were introduced were strikingly different among EU member and non-EU member Mediterranean economies. Particularly, the ones by non-EU member Mediterranean countries are insufficient to address the needs of households and individuals. They make specific policy recommendations to improve pandemic recovery in Mediterranean region.

The recent coronavirus crisis threatens the health, economies and societies of all countries. In Southern and Eastern Mediterranean countries, the fight against the pandemic is even more complicated. Cooperation and EU-Med strategies in key sectors are needed. Therefore, the Center for Mediterranean Integration (CMI) and FEMISE join forces and launch their joint series of Policy Briefs called “COVID-19 MED BRIEFS” to pave the way for thematic analyses and policy relevant recommendations.