VoxEU Webcast
Covid-19: Lessons From 2008
Lucrezia Reichlin of the London Business School looks at measures such as the ESM and OMT arising from the 2008 crisis and explains why different instruments will be needed to handle the economic fallout of the Covid-19 crisis. A multi-instrumental approach is required.Taken from CEPR's Webinar: Will this crisis bring Europe together or tear it apart?, recorded Monday 6th April 2020