State Aid Policies in Response to the COVID-19 Shock: Observations and Guiding Principles

Massimo Motta () and Martin Peitz

Intereconomics: Review of European Economic Policy, 2020, vol. 55, issue 4, 219-222

Abstract: Abstract As a general principle, state aid to firms and sector-specific support schemes should be used only when there are market failures; that is, when there are good reasons to believe that the market would not deliver efficient and/or equitable outcomes.

Date: 2020
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DOI: 10.1007/s10272-020-0902-4

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