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Another Crisis, Different Responses? Determinants of Crisis and Mixed Impact on Economic Development: A Comparative Approach of the EU Countries

In: The Economic and Social Impact of the COVID-19 Pandemic

Author

Listed:
  • Valentina Vasile

    (Institute of National Economy - Romanian Academy)

  • Raluca Mazilescu

    (Institute of National Economy - Romanian Academy)

  • Marius-Razvan Surugiu

    (Institute of National Economy - Romanian Academy)

Abstract

The pandemic and the financial crisis of 2008–2009 are comparatively analysed in this chapter from the perspective of their impact on economic development and the restructuring of the labour market. These two crises affected employment levels and led to significant changes in job structures and the content of jobs. The postcrisis recovery varies among the EU member states and candidate countries, and in some cases, only partial recovery has occurred due to the specific conditions of each country and differences in the efficiency of policy measures.

Suggested Citation

  • Valentina Vasile & Raluca Mazilescu & Marius-Razvan Surugiu, 2024. "Another Crisis, Different Responses? Determinants of Crisis and Mixed Impact on Economic Development: A Comparative Approach of the EU Countries," Contributions to Economics, in: Valentina Vasile & Elena Bunduchi (ed.), The Economic and Social Impact of the COVID-19 Pandemic, chapter 0, pages 19-48, Springer.
  • Handle: RePEc:spr:conchp:978-3-031-47780-5_2
    DOI: 10.1007/978-3-031-47780-5_2
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