The COVID-19 crisis in the EU: the resilience of healthcare systems, government responses and their socio-economic effects

Katerina Aristodemou, Lucas Buchhass and Duco Claringbould ()
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Katerina Aristodemou: European Commission Directorate-General for Employment, Social Affairs and Inclusion
Duco Claringbould: European Commission Directorate-General for Employment, Social Affairs and Inclusion

Eurasian Economic Review, 2021, vol. 11, issue 2, No 2, 281 pages

Abstract: Abstract The global outbreak of COVID-19 forced EU governments to implement drastic confinement measures to contain the spread of the Coronavirus. These measures, however, come at a high economic cost. In this work, we analyze the resilience/preparedness of public health systems, the confinement measures introduced by governments, and their socio-economic effects. We also investigate the relationships between these elements by focusing on the EU Member States. We conduct an after-action review (AAR) study based on three indices. The first index indicates the preparedness of the countries’ health systems to deal with a potential health shock resulting from the COVID-19 outbreak. The second index shows the strictness of confinement measures taken per Member State in spring 2020. Finally, the third index captures the expected socio-economic effects of such measures on each country for the year 2020. Our findings show that on average, countries with less prepared health systems implemented stricter confinement measures and that higher levels of stringency in the confinement measures are associated with stronger, negative, socio-economic impacts. However, the results differ across countries in the case of each index. Overall, the results call for health systems to be better prepared to handle public health crises and for a more coordinated EU approach to overcome divergences across countries.

Keywords: COVID-19; European Union; EU; Confinement measures; Socio-economic impact; Health systems (search for similar items in EconPapers)
JEL-codes: A13 C43 C90 E60 H5 H6 I18 J2 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (12)

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DOI: 10.1007/s40822-020-00162-1

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