The Need for a Danube Post-Covid 19 Strategy for Economic Survival
Abstract
EU27 is facing to a new crisis generated by the Covid-19 pandemic. This crisis is different from the previous ones because it achieved a maximum degree of complexity. The specialists point out as components of this crisis: social, political, medical and economic elements. As a result, EU27 is expected to decrease its GDP growth rate by 7.4% in 2020 following the outbreak of the Covid-19 (Clark, D., 2020). A forecasted economic recovery in 2021 will be not able to balance the present economic recession in the EU27.
References
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European Commission (2020). European Economic Forecast Spring. European Economy. No. 125, pp. 83, 109, 115, 121, 129, 133.
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Goodell, J.W. (2020). COVID-19 and finance: Agendas for future research. Finance Research Letters. pp. 1-5, https://doi.org/10.1016/j.frl.2020.101512.
Haleem, A.; Javaid, M.; Vaishya, R. & Deshmukh, S.G. (2020). Areas of academic research with the impact of COVID-19. Elsevier Public Health Emergency Collection. PMC7158762, doi: 10.1016/j.ajem.2020.04.022
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Maliszewska, M.; Mattoo, A. & van der Mensbrugghe, D. (2020). The Potential Impact of COVID-19 on GDP and Trade. World Bank Policy Research Working Paper 9211, pp. 1-26.
Peterson, K. O. & Thankom, G. A. (2020). Spillover of COVID-19: impact on the Global Economy. SSRN Electronic Journal. DOI: 10.2139/ssrn.3562570, pp. 1-27.
Published
2020-08-17
How to Cite
Ionescu, R.-V. . (2020). The Need for a Danube Post-Covid 19 Strategy for Economic Survival: Array. Journal of Danubian Studies and Research, 10(2). Retrieved from https://dj.univ-danubius.ro/index.php/JDSR/article/view/442
Issue
Section
Danubian Economy and Legislation
License
The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.
