COVID-19’s Economic Package Relief: How effective are the economic initiatives adopted by the European Union and the United States of America in reducing the economic effects of COVID-19 on businesses and people?

Mebarki, Lehna
(2023)

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LehnaMebarki_08021501_20222023.pdf
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Supervisors
BERTRAND CANDELON
Faculty
Louvain School of Management
Degree label
Master [120] : ingénieur de gestion, à finalité spécialisée
Abstract
On December 2019, China reported a number of cases of COVID-19. By the end of January 2020, the World Health Organization proclaimed it a global health emergency due to its rapid global spread. This has led to the introduction of numerous initiatives, particularly in Europe and the USA, to limit its impact. The thesis' main objective is to evaluate the success of economic policies put forward by the European Union and the United States in reducing the financial effects of the pandemic on both individuals and businesses. The study comprises a comprehensive analysis of relief packages, monetary and fiscal policies, as well as statistical approaches to gauge the initiatives' impact. Data selection, methodology, results, and limitations are detailed, aiming to provide insights into the efficacy of the response strategies.