The great COVID-19 divergence- managing a sustainable and equitable recovery in the European Union

This Policy Contribution was prepared for and presented at the informal Economic and Financial Affairs Council (ECOFIN) meeting in Lisbon on 21-22 May 2021. You can read the version presented at ECOFIN here. The authors are grateful to Monika Grzegorczyk, Lionel Guetta-Jeanrenaud, Mia Hoffmann, Klaas Lenaerts, Ben McWilliams, Tom Schraepen and Pauline Weil for excellent research assistance and to Mario Mariniello, Simone Tagliapietra, Andre Sapir and Nicolas Veron for their...