Institute for Diplomacy and International Governance: Covid-19 and the Future of Europe
Loughborough University London’s Institute for Diplomacy and International Governance have created a series of mini-lectures that discuss the effects of Covid-19 on a national and global scale. The lectures have been distributed to students providing weekly video content that pose pivotal questions and encourage students to consider the implications of a global pandemic on politics and the economy.
Dr Nicola Chelotti: Covid-19 and the Future of Europe
In the fourth part of the Institute of Diplomacy and International Governance’s mini-lecture series, Dr Nicola Chelotti discusses how European Union (EU) countries have reacted to the Covid-19 crisis. The lecture reviews what the European Central Bank did before focusing more specifically on the reaction of individual governments of EU Member States. In this context, the video introduces some of the main controversies amongst EU countries (especially between Northern and Southern states) on how to finance the debt incurred from dealing with Covid-19.
Dr Chelotti looks at the necessity of economic expenditure to sustain affected sectors in response to the Covid-19 pandemic and the implications this has upon economic markets within the European Union. The lecture concludes with a poignant reflection on how the political and economic compromises and negotiations of the moment will determine the future of Europe, whether the European Union will survive and how these decisions will inform the state of politics on the European continent.
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