Member area

Economic Impact of the Covid-19 Crisis – by John Evans

17 April 2020

John Evans, former General Secretary of the TUAC, writes about the covid-19 crisis and draws some lessons from the 2008-2009 crisis, including:

  • Countries which preserve jobs and value workers will be the most resilient to this and future shocks
  • Policies and their financing must be socially fair and seen to be fair
  • Developing countries are particularly at risk and failing to aid them now will risk a boomerang effect of the pandemic returning
  • Support for the financial sector and beyond should not be unconditional
  • International co-operation must complement national action

Read the rest of this reasoned analysis by opening the PDF file attached.

(An abridged version of the article will appear in Social Europe)