FAILURE OF EUROPEAN UNION INSTITUTIONS IN RESOLVING CORONAVIRUS CRISIS AND IN SUBSEQUENT REDISTRIBUTION OF FUNDS

Miroslav Sevcik (), Marek Koten () and Simunek Lubor ()
Additional contact information
Miroslav Sevcik: Faculty of Economics, University of Economics, Prague
Marek Koten: Faculty of Economics, University of Economics, Prague
Simunek Lubor: Faculty of Economics, University of Economics, Prague

No 10913143, Proceedings of Economics and Finance Conferences from International Institute of Social and Economic Sciences

Abstract: The goal of this article is to carefully analyze the political-economic reactions of the European Union Institutions on the pandemic crisis created by the SARS-CoV-2 virus causing Covid-19 disease, commonly known as coronavirus. The first part of the article is dedicated to the general theory of integration, the history of European integration, and the historical development of EU institutions. The general theory of integration and EU institution's development are both included because understanding these basic principles and processes is vital in understanding the contemporary problems within the European Union. The second part of this article is dedicated to the analysis of the reactions done by EU institutions, regional Visegrad group, and selected EU member states to the rapidly spreading Covid-19 disease. The third part of this article is dedicated to possible future outcomes for European nations once the coronavirus pandemic is over. The possible future outcomes of pandemic crisis are in the context of this article changes in European or national legislative, changes in money redistribution done by EU institutions, or changes in the mood among the people living in member states of the European Union.Acknowledgment: The publication of this article was supported by the University of Economics, Prague research grant IGA no. IGS F5/41/2020

Keywords: Institutions of the European Union; European Union; European Integration; Covid-19; Coronavirus; Visegrad 4 (search for similar items in EconPapers)
JEL-codes: F50 H75 I38 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2020-07
References: Add references at CitEc
Citations:

Published in Proceedings of the Proceedings of the 13th Economics & Finance Conference, Prague, Jul 2020, pages 220-234

Downloads: (external link)
https://iises.net/proceedings/13th-economics-finan ... 09&iid=017&rid=13143 First version, 2020

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sek:iefpro:10913143

Access Statistics for this paper

More papers in Proceedings of Economics and Finance Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova ().