Economic effects of Covid-19 in Luxembourg: Synthesis of the RECOV id working note.
Abstract: While medical staff has been serving on the front lines since early March, each research discipline aims to offer its humble contribution to the battle against the pandemic. The public health crisis and the measures implemented to make it less severe are more than likely to lead to a deep economic recession which opens up the possibility of systemic collapse of the global economy or of the European financial market. Unsurprisingly, leading economists around the world have suggested plans of actions to mitigate economic damages from Covid-19. Yet, lack of hindsight and information available for research at present makes any forecasting exercise diffcult.
Reference: . Economic effects of Covid-19 in Luxembourg: Synthesis of the RECOV id working note. LISER, 2020, Les rapports du LISER, 8 p.Keywords: