6533b85cfe1ef96bd12bc106
RESEARCH PRODUCT
COVID-19 Crisis - A Test for European Union’s Solidarity
Popa Cristina Elenasubject
050208 financeSocial PsychologyHF5001-618205 social sciencesEconomics Econometrics and Finance (miscellaneous)Context (language use)covid-19 crisisSolidarityTest (assessment)BrexitPolitical sciencePolitical economy0502 economics and businessFinancial crisisBusiness Management and Accounting (miscellaneous)media_common.cataloged_instancesolidarityBusiness050207 economicsEuropean unionLegitimacyeuropean unionmedia_commonEuropean debt crisisdescription
Abstract The crises the European Union has gone through over time have called into question the Union’s legitimacy and efficiency. The 2008-2009 financial crisis, the European debt crisis, the migration crisis and Brexit, have all tested the solidarity between member states. The COVID-19 pandemic is without a doubt the most drastic crisis in the EU’s history, with very severe socioeconomic consequences. The EU leaders were strongly criticized for not reacting quickly and efficiently enough to mitigate the impact of the virus, reduce suffering, and ward off the economic crisis. In this context, the questions that arise are: Is the Union a modern-day Titanic? Will it sink or it will sustain its legitimacy and come out stronger and more united from this unprecedented challenge?
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2020-12-01 | Studies in Business and Economics |