Macroeconomic Responses to the COVID-19 Pandemic

This book examines economic policies utilized within Southeast Europe in response to the COVID-19 pandemic. Covering countries both within and outside the European Union, the human and economic cost of the pandemic is calculated using macroeconomic models from a short and longer term perspective. The economic policies used during the pandemic are analyzed, alongside crisis management approaches, to highlight the effectiveness of monetary policy, fiscal policies and potential future economic solutions for the post COVID-19 period.

This book aims to provide policy recommendations based on findings from Southeast Europe. It is relevant to researchers and policymakers involved in economic policy and the political economy, as well as anyone interested in the responses to the COVID-19 pandemic.

Provides case studies and examples of policies used within Southeast Europe in response to the Covid-19 pandemic Explores the use of central bank balance sheets as a monetary policy tool used during the Covid-19 induced recession Contains policy recommendations based on analysis of the impact of the Covid-19 pandemic, as well as the effectiveness of policies used during other crises

Autorentext
Neven Vidakovic is Professor of economics, scientific fellow, and former Vice Dean. Currently he is the CEO of a proprietary trading firm.

Ivan Lovrinovic is Professor of economics and business at the University of Zagreb, where he has previously held the position of Dean of the Faculty.

Inhalt

1. Macroeconomic developments and COVID-19 recession in (CE)SEE.- 2. COVID-19 contagion among countries: Croatia and Slovenia in Comparison.- 3. The Short-Term Economic Impact of the Covid-19 Pandemic in the EU.- 4. Macroeconomics of the COVID-19 Crisis.- 5. Central bank's balance sheet as a monetary policy tool in Croatia during Covid-19 recession.- 6. Quantitative Easing, Inflation and New Monetary Paradigm, Marinko kare and Dean Sinkovic.- 7. Monetary policy during two global crises; The Case of Croatia.- 8. Monetary transmission in Croatia.- 9. Monetary and fiscal policy responses to COVID-19 crisis in Bosnia and Herzegovinia.- 10. Emergency financial (mis) management in Croatia.- 11. Modern Monetary Theory and crises management.- 12. Reversing pension privatization in the context of the Covid-19 crisis.- 13. Monetary and fiscal policy recommendations during and post COVID crisis.<p