Pandemics Economics And Inequality

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Pandemics, Economics and Inequality

Author : Sergi Basco
Publisher : Springer Nature
ISBN 13 : 303105668X
Total Pages : 133 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Pandemics, Economics and Inequality by : Sergi Basco

Download or read book Pandemics, Economics and Inequality written by Sergi Basco and published by Springer Nature. This book was released on 2022-06-30 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Pivot book provides a framework for understanding the economic and potentially unequal effects of pandemics, focusing closely on the Spanish Flu. It provides an in-depth analysis of the different effects of the Spanish Flu on the economy from unequal mortality to wages, housing and output. There is a general review of the literature but an important feature of this book is that it explains results using data from Spain, an ideal country to perform this exercise, as its mortality data is not affected by the First World War. Spain was also developed enough to have reliable data, but it was very heterogeneous across regions which will allow a comparison of more and less developed regions. No other book exists that offers a comprehensive and data-driven view of the effects of the Spanish Flu, which is the closest pandemic example to Covid-19. With the outbreak of Covid-19 increasing the need to learn about the economic effects of pandemics, this book will be of interest to academics and students of economic history, macroeconomics (economic crises) and economic development, as well being accessible for the general reader.

The Coronavirus Pandemic and Inequality

Author : Shirley Johnson-Lans
Publisher : Springer Nature
ISBN 13 : 3031222199
Total Pages : 298 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis The Coronavirus Pandemic and Inequality by : Shirley Johnson-Lans

Download or read book The Coronavirus Pandemic and Inequality written by Shirley Johnson-Lans and published by Springer Nature. This book was released on 2023-03-31 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the effects of the Covid-19 pandemic on the degree of inequality in wellbeing (income and wealth, health, access to health care, employment, and education) in a number of different countries around the globe. The effect of socioeconomic inequality within a country on the outcome of the pandemic is also considered. This book studies the differential effects of Covid based on location, age, income, education, gender, race/ethnicity, and immigrant status. Special attention is devoted to indigenous populations and those who are institutionalized. The short- and long-term effects of public policy developed to deal with the pandemic’s fallout are studied, as are the effects of the pandemic on innovations in health care systems and likely extensions of public policy instituted during the pandemic to alleviate unemployment, poverty, and income inequality.

COVID-19 Pandemic and Global Inequality

Author : Rajib Bhattacharyya
Publisher : Springer Nature
ISBN 13 : 9819944058
Total Pages : 356 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis COVID-19 Pandemic and Global Inequality by : Rajib Bhattacharyya

Download or read book COVID-19 Pandemic and Global Inequality written by Rajib Bhattacharyya and published by Springer Nature. This book was released on 2023-11-11 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book intends to capture the most critical issue that has cropped up as an aftermath of the Corona pandemic- the phenomenon of widening of global inequalities across nations depending upon their economic position, support policies of the government and international relationship particularly in the context of alarming growth of unemployed in the labour market, business activity and social sector. This book is expected to provide new areas of research to both academicians and policy makers to re-think about global cooperation for bridging the inequalities for a better world. It tries to incorporate the valuable contribution of experts from various fields of knowledge in a consolidated volume. This text will be revised once the chapters are finalized and put together in structured themes. The table of content lists some of the chapters that have been confirmed, but there are more that are being invited by the editors.

COVID-19: Social Inequalities and Human Possibilities

Author : J. Michael Ryan
Publisher : Routledge
ISBN 13 : 1000537269
Total Pages : 262 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis COVID-19: Social Inequalities and Human Possibilities by : J. Michael Ryan

Download or read book COVID-19: Social Inequalities and Human Possibilities written by J. Michael Ryan and published by Routledge. This book was released on 2022-03-13 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: COVID-19: Social Inequalities and Human Possibilities examines the unequal impact of the COVID-19 pandemic on individuals, communities, and countries, a fact seldom acknowledged and often suppressed or invisible. Taking a global approach, this book demonstrates how the impact of the pandemic has differed as a result of social inequalities, such as economic development, social class, race and ethnicity, sex and gener, age, and access to health care and education. Economic inequality between and within nations has significantly contributed to the chances of individuals contracting and dying from the virus. Developing nations with weak health care systems, workers whose jobs cannot be performed remotely, the differences between those with and without access to soap and water to wash their hands, or the ability to practice physical distancing also account for the unequal impact of the virus. Racial and ethnic minorities experience higher death rates from the virus, which has also unequally affected indigenous peoples and urban and foreign migrants around the world. Inequality is also embedded in national and international responses to the pandemic, as giving and receiving aid is often impacted by inequalities of demographic and national power and influence, resulting in national and global competition rather than the collaboration needed to end the pandemic. Along with the other titles in Routledge’s COVID-19 Pandemic series, this book represents a timely and critical advance in knowledge related to what many believe to be the greatest threat to global ways of being in more than a century. COVID-19: Social Inequalities and Human Possibilities is therefore indispensable for academics, researchers, and students as well as activists and policy makers interested in understanding the social impact of the COVID-19 pandemic and eradicating the inequalities it has exacerbated.

Will COVID-19 Have Long-Lasting Effects on Inequality? Evidence from Past Pandemics

Author : Davide Furceri
Publisher : International Monetary Fund
ISBN 13 : 1513582372
Total Pages : 46 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Will COVID-19 Have Long-Lasting Effects on Inequality? Evidence from Past Pandemics by : Davide Furceri

Download or read book Will COVID-19 Have Long-Lasting Effects on Inequality? Evidence from Past Pandemics written by Davide Furceri and published by International Monetary Fund. This book was released on 2021-05 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides evidence on the impact of major epidemics from the past two decades on income distribution. The pandemics in our sample, even though much smaller in scale than COVID-19, have led to increases in the Gini coefficient, raised the income share of higher-income deciles, and lowered the employment-to-population ratio for those with basic education compared to those with higher education. We provide some evidence that the distributional consequences from the current pandemic may be larger than those flowing from the historical pandemics in our sample, and larger than those following typical recessions and financial crises.

Pandemics and Inequality: Perceptions and Preferences for Redistribution

Author : Vybhavi Balasundharam
Publisher : International Monetary Fund
ISBN 13 : 1513570722
Total Pages : 43 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Pandemics and Inequality: Perceptions and Preferences for Redistribution by : Vybhavi Balasundharam

Download or read book Pandemics and Inequality: Perceptions and Preferences for Redistribution written by Vybhavi Balasundharam and published by International Monetary Fund. This book was released on 2021-02-26 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses an individual-level survey conducted by the Edelman Trust Barometer in mid-April for 11 advanced and emerging market economies to examine perceptions of government performance in managing the health and economic crisis, beliefs about the future, and attitudes about redistribution. We find that women, non-college educated, the unemployed, and those in non-teleworkable jobs systematically have less favorable perceptions of government responses. Personally experiencing illness or job loss caused by the pandemic can shape people’s beliefs about the future, heightening uncertainties about prolonged job losses, and the imminent threat from automation. Economic anxieties are amplified in countries that experienced an early surge in infections followed by successful containment, suggesting that negative beliefs can persist. Support for pro-equality redistributive policies varies, depending on personal experiences and views about the poor. However, we find strong willingness to provide social safety nets for vulnerable individuals and firms by those who have a more favorable perception of government responses, suggesting that effective government actions can promote support for redistributive policies.

The Political Economy of Covid-19

Author : Jonathan Michie
Publisher : Taylor & Francis
ISBN 13 : 1000637743
Total Pages : 356 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis The Political Economy of Covid-19 by : Jonathan Michie

Download or read book The Political Economy of Covid-19 written by Jonathan Michie and published by Taylor & Francis. This book was released on 2022-08-18 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive book brings together research published during 2021 analysing the impact of the Covid-19 pandemic on the economy – on output and employment, on inequality, and on public policy responses. The Covid-19 pandemic has been the greatest public health crisis for a century – since the ‘Spanish Flu’ pandemic of 1919. The economic impact has been equally seismic. While it is too early to measure the full economic cost – since much of this will continue to accumulate for some time to come – it will certainly be one of the greatest global economic shocks of the past century. Some chapters in this edited volume report on specific countries, while some take a comparative look between countries, and others analyse the impact upon the global economy. Even before the Covid-19 pandemic, there had been calls for a ‘great reset’ in face of the climate crisis, the increased income and wealth inequality, and the need to avoid further global financial crisis. With the devastating Covid-19 pandemic – a harbinger for further such pandemics – there is an even greater need for a reset, and for the reset to be that much greater. The chapters in this book were originally published as special issues in the journal International Review of Applied Economics.

The Rise in Inequality After Pandemics: Can Fiscal Support Play a Mitigating Role?

Author : Davide Furceri
Publisher : International Monetary Fund
ISBN 13 : 1513582402
Total Pages : 26 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis The Rise in Inequality After Pandemics: Can Fiscal Support Play a Mitigating Role? by : Davide Furceri

Download or read book The Rise in Inequality After Pandemics: Can Fiscal Support Play a Mitigating Role? written by Davide Furceri and published by International Monetary Fund. This book was released on 2021-04-30 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Major epidemics of the last two decades (SARS, H1N1, MERS, Ebola and Zika) have been followed by increases in inequality (Furceri, Loungani, Ostry and Pizzuto, 2020). In this paper, we show that the extent of fiscal consolidation in the years following the onset of these pandemics has played an important role in determining the extent of the increase in inequality. Episodes marked by extreme austerity—measured using either the government’s fiscal balance, health expenditures or redistribution—have been associated with an increase in the Gini measure of inequality three times as large as in episodes where fiscal policy has been more supportive. We survey the evidence thus far on the distributional impacts of the COVID-19 pandemic, which suggests that inequality is likely to increase in the absence of strong policy actions. We review the case made by many observers (IMF 2020; Stiglitz 2020; Sandbu 2020b) that fiscal support should not be withdrawn prematurely despite understandable concerns about high public debt-to-GDP ratios.

The Unequal Pandemic

Author : Bambra, Clare
Publisher : Policy Press
ISBN 13 : 1447361237
Total Pages : 198 pages
Book Rating : 4.4/5 (473 download)

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Book Synopsis The Unequal Pandemic by : Bambra, Clare

Download or read book The Unequal Pandemic written by Bambra, Clare and published by Policy Press. This book was released on 2021-06-15 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: EPDF and EPUB available Open Access under CC-BY-NC- ND This accessible, yet authoritative book shows how the pandemic is a syndemic of disease and inequality. It argues that these inequalities are a political choice and we need to learn quickly to prevent growing inequality and to reduce health inequalities in the future.

Inequality Kills Us All

Author : Stephen Bezruchka
Publisher : Taylor & Francis
ISBN 13 : 1000777324
Total Pages : 228 pages
Book Rating : 4.0/5 (7 download)

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Book Synopsis Inequality Kills Us All by : Stephen Bezruchka

Download or read book Inequality Kills Us All written by Stephen Bezruchka and published by Taylor & Francis. This book was released on 2022-11-28 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The complex answer to why the United States does so poorly in health measures has at its base one pervasive issue: The United States has by far the highest levels of inequality of all the rich countries. Inequality Kills Us All details how living in a society with entrenched hierarchies increases the negative effects of illnesses for everyone. The antidote must start, Stephen Bezruchka recognizes, with a broader awareness of the nature of the problem, and out of that understanding policies that eliminate these inequalities: A fair system of taxation, so that the rich are paying their share; support for child well-being, including paid parental leave, continued monthly child support payments, and equitable educational opportunities; universal access to healthcare; and a guaranteed income for all Americans. The aim is to have a society that treats everyone well—and health will follow.

Pandemic Economics

Author : Thomas R. Sadler
Publisher : Routledge
ISBN 13 : 1000411354
Total Pages : 319 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Pandemic Economics by : Thomas R. Sadler

Download or read book Pandemic Economics written by Thomas R. Sadler and published by Routledge. This book was released on 2021-07-27 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pandemic Economics applies economic theory to the Covid-19 era, exploring the micro and macro dimensions of the pre-pandemic, pandemic, and post-pandemic phases. Using core economic tools such as marginal analysis, cost-benefit analysis, and opportunity cost, this book explores the breadth of economic outcomes from the pandemic. It shows that a tradeoff between public health and economic health led to widespread problems, including virus infections and unemployment. Taking an international and comparative approach, the book shows that because countries implemented different economic policies, interventions, and timelines during the crisis, outcomes varied with respect to the extent of recession, process of recovery, availability of medical equipment, public health, and additional waves of the virus. Pedagogical features are weaved throughout the text, including country case studies, key terms, suggested further reading, and discussion questions for solo or group study. On top of this, the book offers online supplements comprising PowerPoint slides, test questions, extra case studies, and an instructor guide. This textbook will be a valuable resource for advanced undergraduate and postgraduate courses on pandemic economics, macroeconomics, health economics, public policy, and related areas.

Social Stability Challenged: Pandemics, Inequality and Policy Responses

Author : Cristiano Perugini
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (118 download)

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Book Synopsis Social Stability Challenged: Pandemics, Inequality and Policy Responses by : Cristiano Perugini

Download or read book Social Stability Challenged: Pandemics, Inequality and Policy Responses written by Cristiano Perugini and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The public health measures implemented by governments to limit the spread of the COVID-19 pandemic will produce significant economic consequences that are likely to exacerbate social and economic inequalities. In this paper we provide a framework to analyse how income inequality, besides other structural and policy-related features, shapes the trade-off between economic lockdown and contagion. We then supply empirical evidence, by means of simulation analysis, on the distributive effects of the lockdown for 31 European countries. Our results confirm that the lockdown is likely to significantly increase inequality and poverty and that the magnitude of the change is larger in more unequal countries. Such a cumulative process shapes a serious challenge for social and economic stability in the most vulnerable countries, which needs adequate policy response. However, the magnitude of the compensating measures is likely to be financially unsustainable, forcing them to lift necessary public health measures prematurely in order to avoid social collapse. This is likely to increase the risk of a new spread of the pandemic that might easily spill over to other countries. A supranational, coordinated health and fiscal policy effort is therefore in the interest of all economies willing to be part of a globalised economy.

The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data

Author : Davide Furceri
Publisher : International Monetary Fund
ISBN 13 : 1484350898
Total Pages : 61 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data by : Davide Furceri

Download or read book The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data written by Davide Furceri and published by International Monetary Fund. This book was released on 2018-04-06 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: We take a fresh look at the aggregate and distributional effects of policies to liberalize international capital flows—financial globalization. Both country- and industry-level results suggest that such policies have led on average to limited output gains while contributing to significant increases in inequality—that is, they pose an equity–efficiency trade-off. Behind this average lies considerable heterogeneity in effects depending on country characteristics. Liberalization increases output in countries with high financial depth and those that avoid financial crises, while distributional effects are more pronounced in countries with low financial depth and inclusion and where liberalization is followed by a crisis. Difference-indifference estimates using sectoral data suggest that liberalization episodes reduce the share of labor income, particularly for industries with higher external financial dependence, those with a higher natural propensity to use layoffs to adjust to idiosyncratic shocks, and those with a higher elasticity of substitution between capital and labor. The sectoral results underpin a causal interpretation of the findings using macro data.

Inequality in a Context of Climate Crisis after COVID

Author : David Byrne
Publisher : Routledge
ISBN 13 : 1000398544
Total Pages : 208 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Inequality in a Context of Climate Crisis after COVID by : David Byrne

Download or read book Inequality in a Context of Climate Crisis after COVID written by David Byrne and published by Routledge. This book was released on 2021-06-17 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality in a Context of Climate Crisis after COVID uses a complex realist approach to examine the crisis of three interconnected problems: economic inequality, climate change, and the COVID-19 pandemic. Widely acknowledged as the key driver of political discontent and social instability, economic inequality across high and middle-income countries is profoundly interconnected with climate change. Both of these issues are now set within the particularly acute context of COVID-19 and its aftermath. Confronting the crisis of these inherently interwoven issues is now the major problem for all political and governance systems. This book uses a complex realist frame of reference to understand the character of social-cultural-economic-political-ecological systems. It gives us a vocabulary and modes of thinking to confront these societal challenges and inform future action. Contributing to our thinking about dynamic social systems, this text deploys complex realism to understand our trajectory towards increasing inequality. It puts complexity to work in addressing fundamental social issues in a context of climate crisis after COVID-19. This book will be of interest to students and scholars across the social sciences, in particular to those studying social inequality, climate change, heterodox economics, complex systems, and Master's students in prgrammes with an applied focus. It will be of use to policymakers and practitioners.

Emerging Trends and Insights on Economic Inequality in the Wake of Global Crises

Author : Deo, Shilpa
Publisher : IGI Global
ISBN 13 : 166845291X
Total Pages : 257 pages
Book Rating : 4.6/5 (684 download)

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Book Synopsis Emerging Trends and Insights on Economic Inequality in the Wake of Global Crises by : Deo, Shilpa

Download or read book Emerging Trends and Insights on Economic Inequality in the Wake of Global Crises written by Deo, Shilpa and published by IGI Global. This book was released on 2022-06-30 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global inequality has been a burning issue for years now. As the economies progress, it is expected that the benefits of growth will percolate to the lower sections of society. However, this percolation takes place in a discriminating manner. Inequality can be observed in terms of health, income, education, wealth, gender, availability of opportunities, and other socio-economic parameters. The governing authorities and international agencies have been taking various corrective measures to reduce the widening levels of inequality. However, certain external factors like the pandemic can wash away the efforts taken and deteriorate the progress made on the inequality levels in economies. Emerging Trends and Insights on Economic Inequality in the Wake of Global Crises discusses the impact of global disasters and crises on economic inequality. It provides an overview of the evolution of global inequality over the years, increasing different forms of inequalities amidst crises, the corrective measures taken by the national and international agencies, and the way forward for economies with worsening inequalities. Covering topics such as crisis management, digital agriculture, and economic welfare, this premier reference source is an essential resource for economists, business leaders and executives, government officials, students and educators of higher education, sociologists, researchers, and academicians.

The Fault Lines of Inequality

Author : Huw Macartney
Publisher : Springer Nature
ISBN 13 : 3030969142
Total Pages : 128 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis The Fault Lines of Inequality by : Huw Macartney

Download or read book The Fault Lines of Inequality written by Huw Macartney and published by Springer Nature. This book was released on 2022-05-03 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how decisions made by the Conservative government during the COVID19 pandemic have increased economic inequality in the UK. Decades of austerity, asset-based welfare and financialization had already exacerbated social divisions in the UK prior to the pandemic. The political blueprint behind these measures combined Privatized Keynesianism and the Asset Economy. To explain, economists have highlighted that inequality derives from the fact that income from wealth increases at a faster rate than income from wages. The ensuing political assumption is that – in the face of pressures on public finances – promoting asset ownership is the best alternative to government-funded welfare schemes. What this meant, as the pandemic unfolded, was that when tough decisions about resource allocation needed to be made, the UK Treasury and the Bank of England found almost unlimited funds to rescue and protect asset-holders and middle-income homeowners, whilst reverting to a narrative of “misfortune” for the asset-less poor. This book assesses the political decisions taken by UK policymakers during 2020-21 and their consequences. In doing so, it challenges policymakers and the informed public to re-consider the morality of inequality, and to make alternative decisions to promote a more ecologically sustainable, caring, equal and prosperous society.

The Economics of COVID-19

Author : Moosa, Imad A.
Publisher : Edward Elgar Publishing
ISBN 13 : 1800377223
Total Pages : 256 pages
Book Rating : 4.8/5 (3 download)

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Book Synopsis The Economics of COVID-19 by : Moosa, Imad A.

Download or read book The Economics of COVID-19 written by Moosa, Imad A. and published by Edward Elgar Publishing. This book was released on 2021-11-16 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book explores the neglected risk in the advent of the Covid-19 pandemic, illustrating the ways in which four decades of neoliberal economic and public policy has eroded the functional capacity of states to handle catastrophic events.