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The coronavirus (COVID-19) pandemic has not only led to human casualties but also generated a severe global economic downturn. Governments have responded with economic stimulus packages to mitigate the adverse effects of this downturn. In this paper, we analyze the economic policy responses adopted by 21 Mediterranean countries.
Our analysis shows that the packages that were introduced were strikingly different among EU member and non-EU member Mediterranean economies. Particularly, the ones by non-EU member Mediterranean countries are insufficient to address the needs of households and individuals. We make specific policy recommendations to improve pandemic recovery in the Mediterranean region.
This article is part of the CMI/FEMISE joint “COVID-19 Med Policy Brief Series”, aimed at addressing the urgent issue of the COVID-19 socio-economic effects and impact on the EU-Mediterranean region.