Topic outline

  • Looking ahead: The global economic impact of the Covid-19 crisis (09-07-2020)


    With Megan Greene, Harvard University, and George Papaconstantinou, School of Transnational Governance

    The economic impact of the Covid-19 pandemic has been devastating - it is the first truly global economic crisis. The webinar addresses a number of questions on the crisis impact and response in an effort to help policy makers better understand and navigate this fast-changing environment: What are the different scenarios for the depth of the recession and the shape of the recovery? What will be the impact on inflation, unemployment and the structure of work? What is the impact on different sectors of economies and the longer-term structural shifts in patterns of consumption and trade? Will emerging economies be hit harder than advanced ones? What are the broader geopolitical implications of the pandemic?

    Megan Greene is a Senior Fellow at the John F. Kennedy School of Government, Harvard University. She was until recently the Global Chief Economist at Manulife/John Hancock Asset Management, responsible for forecasting global macro trends and providing analysis for investment teams around the world. Previously, she was director of European Economics at Roubini Global Economics and the euro crisis expert at the Economist Intelligence Unit. She advises governments and central banks in the US, UK, Eurozone and Japan, writes a regular column on global economics in the Financial Times and contributes to Politico, Bloomberg View and Foreign Affairs.

    George Papaconstantinou is Professor at the School of Transnational Governance of the EUI. He served as Greece’s Finance Minister at the outset of the Eurozone crisis, playing a key role in the design, negotiation and implementation of Greece’s EU/IMF support programme with its economic and financial policies. Prior to serving in government, he was a member of the Greek parliament and the European Parliament. Earlier in his career, he was senior economist at the OECD, served in a policy advisory capacity for the Greek government, taught at the Athens University of Economics and Business and consulted for the European Commission and international think-tanks.