GROWINPRO partners are investigating the economic, social and scientific consequences posed by COVID-19 at a global level.
Following the economic and social crisis triggered by the coronavirus pandemic, governments have to intervene in their economies in unprecedented ways.
The EU is negotiating a recovery fund to tackle the consequences of COVID-19. “While this immediate response is needed, the long-term future path for EU policy looks, by contrast, uncertain”, wrote Mariana Mazzucato, George Dibb and Martha Mc Pherson on the UCL IIP blog: “Unless Europe kickstarts a new action plan that looks at both the rate of growth and its direction, we risk a decade of stagnation for the continent”.
“The economic crisis caused by the pandemic has also shown the structural weakness of the capitalistic model”, wrote GROWINPRO coordinator Andrea Roventini: “Now it’s the time to change direction and take advantage of the opportunity offered by the crisis to boost an innovation-led, inclusive and sustainable growth”.
Research is key in providing a diagnostic of the current issues that governments have to face and in suggesting policy intervention to address them.
GROWINPRO’s partners Sant’Anna School for Advanced Studies and Sciences Po have just released a policy paper commissioned by the Italian Innovation Ministry on the economic impact of lockdown in Italy. The research – “Lockdown, regional and sectoral dynamics” – investigates the economic impact of the containment measures and provides policy suggestions to manage the possibility of a new lockdown.
GROWINPRO’s UCL Institute for Innovation and Public Purpose has launched a series of briefing papers on the key issues facing the world, from the global health system to a green economic renewal. UCL Institute for Innovation and Public Purpose has also launched a series of webinars on “the public purpose in the time of Covid-19”.
Generally GROWINPRO researchers are investigating the economic, social and scientific consequences posed by COVID-19 at a global level. A special section of the website will collect research papers and policy briefs produced by the project partners on responses to COVID-19.
Check this space for the latest news.