Public sector economics in the time of coronavirus

The preliminary response of the Croatian government to economic disbalances caused by the coronavirus pandemic did not deviate significantly from those in other European countries. However, as the situation keeps changing on a daily basis, we are likely to see more abundant financial support for the economy. Since every single policy measure comes at a price, in normal circumstances it would be of vital importance to conduct cost-benefit analysis prior to its introduction. Nevertheless, this is an extraordinary situation which requires extraordinary and swift action.