Historical evidence for economic effects of COVID-19
| Autor: | Burhan Özkan, Esra Mulazimogullari, Rahmiye Figen Ceylan |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Consumption
J21 media_common.quotation_subject Pneumonia Viral Economics Econometrics and Finance (miscellaneous) Communicable Diseases History 21st Century Betacoronavirus 03 medical and health sciences 0302 clinical medicine Development economics Pandemic medicine Humans 030212 general & internal medicine Pandemics media_common Service (business) Consumption (economics) Health economics SARS-CoV-2 030503 health policy & services Health Policy Politics Healthcare COVID-19 History 19th Century History 20th Century medicine.disease Labour market History Medieval Contagious disease Editorial Socioeconomic Factors Unemployment Sustainability Income Budget E24 Coronavirus Infections 0305 other medical science B22 H60 E21 Public finance |
| Zdroj: | The European Journal of Health Economics |
| ISSN: | 1618-7601 1618-7598 |
| DOI: | 10.1007/s10198-020-01206-8 |
| Popis: | Like wars and socio-politic shifts, contagious diseases have changed the economics and politics of the world throughout history. In 2020, the world faced COVID-19, a globally effective virus leading to mass losses and socio-economic panic. Due to apparent psycho-social conditions, analyzing the potential economic effects of the COVID-19 pandemic was inevitable. Thus, discussing economic effects of previous global and regional epidemics is considered beneficial. This research evaluated most of the known epidemics and their effects on economics and socio-politics by reviewing scientific literature. In addition to the vast literature and observations on the ongoing process, we assessed the potential impacts of COVID-19 and potential ways to overcome these impacts. The most urgent socio-economic measures needed to combat the negative effects of a contagious disease are related to unemployment with its income effects and security of all sectors. To prevent persistent unemployment, service, retail, and even industrial sectors need to be supported. Additionally, we discussed the need for re-organizing the funding and managerial sustainability of healthcare services to be prepared for future. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink