Economic Policy Responses to the Covid-19 Crisis in the Euro Area and Japan
DIJ DWIH Web-Forum
Governments and central banks all over the world have taken historically bold fiscal and monetary policy measures to fight the dramatic, yet still not fathomable economic impact of the Covid-19 crisis. While the announcements have certainly calmed sentiments of market participants, many important questions remain as to how the proposed measures are to be implemented effectively given their gigantic scope and the lack of precedence. Actions need to be taken in a timely manner, as the impact of lockdowns, social distancing and travel restrictions is being felt immediately, and they need to be targeted accurately, because the economic impact varies extremely across industries and households. The speakers in our web-forum will address these concerns by taking Japan and the Euro area, especially Germany as examples. Details
Speakers:
Masaaki Shirakawa, former Bank of Japan Governor (2008-2013)
Volker Wieland, member of the German Council of Economic Experts
Moderated by Yuri Okina, Chairperson of The Japan Research Institute