[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/iem/eurinf/v4y2020i2p51-64.html
   My bibliography  Save this article

The German Model For Management Of The Pandemic Crisis: Good Practice Lessons And Budget Implications Of The Adopted Measures

Author

Listed:
  • Ana-Cristina BȂLGĂR
Abstract
Since the very onset of the coronavirus pandemic, the German national government adopted a wide range of measures designed to protect the population health by drastically limiting social contact and partly discontinuing economic activity, in order to slow down the spreading of the virus and avoid a possible collapse of the healthcare system. This swift and decisive response of the federal authorities, embodied in a well-targeted strategy, was combined with the amplest economic rescue package in the country’s post-war history, which made Germany the world leader in terms of effectiveness of government measures adopted for combatting the effects of the crisis generated by the Covid-19 epidemic. In the context described, the present paper aims to review the measures adopted by Germany to combat the epidemic and limit the economic effects of the subsequent crisis, while also pointing out the budget impact of these measures and the need to abandon the traditional federal policy focused on maintaining a balanced budget.

Suggested Citation

  • Ana-Cristina BȂLGĂR, 2020. "The German Model For Management Of The Pandemic Crisis: Good Practice Lessons And Budget Implications Of The Adopted Measures," Euroinfo, Institute for World Economy, Romanian Academy, vol. 4(2), pages 51-64, June.
    • Handle: RePEc:iem:eurinf:v:4:y:2020:i:2:p:51-64
    as

    Download full text from publisher

    File URL: http://www.iem.ro/rem/index.php/euroinfo/article/view/756/840
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Germany; Covid-19 crisis; economic policy measures; response measures to the Covid-19 pandemic;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iem:eurinf:v:4:y:2020:i:2:p:51-64. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ionela Baltatescu (email available below). General contact details of provider: https://edirc.repec.org/data/imacaro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.