Economic Policy and the Covid-19 Crisis: The Macroeconomic Response in the US, Europe and East Asia

This book provides a comprehensive cross-country comparative study on health crisis management at the macroeconomic level. It focuses on monetary and fiscal policies across different countries in Asia, Europe, and the USA, including the EU and euro-area contexts. Each chapter deals with a specific country, covering the extent of the outbreak, fiscal and monetary policy responses, and an overall assessment of the effectiveness of these policies. It is essential reading for researchers, policy makers, and analysts in public policy and contributes to European studies, Asian studies, and Comparative Economic Studies.

Format: Paperback / softback
Length: 262 pages
Publication date: 31 May 2023
Publisher: Taylor & Francis Ltd

The book provides a comprehensive assessment of the diverse monetary and fiscal policy responses implemented by national governments in major European and Asian countries since the onset of the COVID-19 crisis in 2020. It also delves into the case of the United States as a benchmarking example. Spanning three parts, the book offers a cross-country comparative study on health crisis management at the macroeconomic level. Its focus on monetary and fiscal policies across different countries in Asia, Europe, and the USA sets it apart.

The first part provides a general introduction that sets the context of the study. The second part explores the case of the USA, EU, and European countries, while the third part focuses on key Asian countries. Of particular relevance is the European Union and euro-area contexts, which serve as a framework for the diverse EU national monetary and fiscal policy responses.

Each chapter delves into a specific country, such as Italy and the UK in Europe, and Singapore and South Korea in Asia. The chapters cover various topics, including the extent of the outbreak of the public health crisis and its macroeconomic impact. They also compare and evaluate fiscal and monetary policy responses to both crises, as well as assess the effectiveness of these policies in mitigating the economic impact.

Given the unprecedented nature of the COVID-19 crisis, this book is a valuable resource for anyone seeking to understand its macroeconomic impact and the ensuing policies in a comparative framework. It will be essential reading for researchers, policy makers, and analysts working in the field of public policy. Moreover, it makes a unique contribution to the fields of European studies, Asian studies, and Comparative Economic Studies.

Weight: 521g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367721398