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Robots and Mitigation of the Risk of Covid-19 Contagion in the Workplace: Some Evidence From Italy

Mauro Caselli, Andrea Fracasso, Silvio Traverso (EconPol Europe, Università di Trento)

When SARS-CoV-2 spread across the world, national authorities implemented novel and drastic measures to curb transmission. Social distancing was introduced to preserve public health and slow down the spread of Covid-19, while in the workplace many economic activities were temporarility discontinued. Robotization appears to present a potential trade-off between safety and employment in the workplace, but observers are concerned that it could create incentives to replace labour. Mauro Caselli, Andrea Fracasso and Silvio Traverso (EconPol Europe, Università di Trento) examine the issues facing policy makers in their task of designing a pandemic-proof economy.

 

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Covid-19 Throws Us Into an Unprecedented Debt Crisis, But It’s One We Can Rise From

Stefano Schiavo (EconPol Europe, Università di Trento)

The road to recovery is long and winding, says Stefano Schiavo (EconPol Europe, Università di Trento) but it's one we have to take: exceptional measures are needed to exit the economic crisis triggered by the coronavirus, which will see national governments at the forefront of business support and demand stimulation plans.This will lead to a sharp increase in public debt of dimensions never seen in the post-war period, but it's crucial to direct public spending towards initiatives that generate growth and contribute to solving future problems.

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Crises, Immigration and the Labor Market: Learning from Past Mistakes

Anthony Edo and Camilo Umana (EconPol Europe, CEPII)

Periods of crisis increase xenophobic outbursts and anti-immigrant sentiments, which can lead policy makers to target migrant workers in the hope of quickly restoring labor demand for natives - particularly when health crises are the root cause. But curbing the rise of unemployment by restricting access to the labor market and encouraging the departure of foreign workers is ineffective. In times of crisis, macroeconomic policies to stabilize economic activity and stimulate recovery are crucial to stop the rise in unemployment.

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EU Solidarity in Exceptional Times: Corona Transfers Instead of Coronabonds

Daniel Gros (EconPol Europe, CEPS)

Does the coronavirus crisis call for solidarity within the EU, or within the euro area? Daniel Gros (EconPol Europe, CEPS) argues that being hit by an unforeseen epidemic has nothing to do with euro area membership and the present situation is a case which requires solidarity at EU level. And, he says, there's a plausible and simple way to organise a real expression of EU solidarity without engaging in any large-scale financial transactions.

This article first appeared on VoxEU.org: https://voxeu.org/article/corona-transfers-instead-coronabonds

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One Europe, One Future

António Afonso, ISEG (EconPol Europe; Lisbon School of Economics and Management, Universidade de Lisboa)

In the current context of difficult times across Europe and in the World, there are relevant issues on which many people might agree, regardless of their political, ideological or theoretical views. António Afonso examines the options available and asks for compromise.

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