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Why has COVID-19 hit different European Union economies so differently?
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Why has COVID-19 hit different European Union economies so differently?

André Sapir
Bruegel, 2020
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The coronavirus pandemic hit all members of the European Union hard, but some countries are faring worse economically than others. According to researcher André Sapir's incisive analysis, much of the disparity derives from three factors that vary broadly across EU countries: economic structure, institutional governance and shutdown rigor. This astute overview concludes that, to craft bespoke economic responses, EU leaders will have to parse carefully the drivers behind the slowdowns.

Take-Aways

  • The severity of the COVID-19 economic shock on European Union economies differs by country, sometimes significantly.
  • Three factors explain the varying degrees of hardship.
  • EU officials will have to tailor their relief efforts, focusing on measures to strengthen resilience.

About the Author

André Sapir is a senior fellow with Bruegel.

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