De Conti, Bruno; Herr, Hansjörg; Jha, Praveen; … - In: European Journal of Economics and Economic Policies: … 22 (2025) 1, pp. 57-72
Theoretical analysis, empirical development and case studies show that room to manoeuvre stabilising macroeconomic policies during the COVID-19 crisis in the years 2020 and 2021 were fundamentally different in the Global South and Global North. The latter used extensive discretionary fiscal and...