Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy
The rapidly spreading COVID-19 pandemic in 2020 not only brought many countries in the world to a state of health crisis, but also increasingly drove economic and social crisis. The roots of these crises, however, run far deeper and can be traced to decades of neoliberal political and economic actio...
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| Format: | Article |
| Language: | English |
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MDPI AG
2021-06-01
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| Series: | World |
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| Online Access: | https://www.mdpi.com/2673-4060/2/2/20 |
| _version_ | 1797530551865835520 |
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| author | Bianca Blum Bernhard K. J. Neumärker |
| author_facet | Bianca Blum Bernhard K. J. Neumärker |
| author_sort | Bianca Blum |
| collection | DOAJ |
| description | The rapidly spreading COVID-19 pandemic in 2020 not only brought many countries in the world to a state of health crisis, but also increasingly drove economic and social crisis. The roots of these crises, however, run far deeper and can be traced to decades of neoliberal political and economic actions and driving forces of globalization. Increasing globalization and liberalization of markets led to the increasing privatization of many public goods while collectivizing risks such as environmental disasters, pandemics and economic crises. This paper presents the context and emergence of these crisis states and derives public policy implications in the areas of externalities management, digitalization, and basic income based on a broad literature review. These key issues need to be addressed both during and after the crisis in order to address the problems of environmental quality and climate change mitigation, as well as rising inequality and injustice for current and future generations. |
| first_indexed | 2024-03-10T10:30:36Z |
| format | Article |
| id | doaj.art-c121a2a27f7843cab9255498105e6d41 |
| institution | Directory Open Access Journal |
| issn | 2673-4060 |
| language | English |
| last_indexed | 2024-03-10T10:30:36Z |
| publishDate | 2021-06-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | World |
| spelling | doaj.art-c121a2a27f7843cab9255498105e6d412023-11-21T23:40:31ZengMDPI AGWorld2673-40602021-06-012230833310.3390/world2020020Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social PolicyBianca Blum0Bernhard K. J. Neumärker1Department of Economic Policy and Constitutional Economic Theory, Albert-Ludwigs-Universität Freiburg, 79098 Freiburg, GermanyDepartment of Economic Policy and Constitutional Economic Theory, Albert-Ludwigs-Universität Freiburg, 79098 Freiburg, GermanyThe rapidly spreading COVID-19 pandemic in 2020 not only brought many countries in the world to a state of health crisis, but also increasingly drove economic and social crisis. The roots of these crises, however, run far deeper and can be traced to decades of neoliberal political and economic actions and driving forces of globalization. Increasing globalization and liberalization of markets led to the increasing privatization of many public goods while collectivizing risks such as environmental disasters, pandemics and economic crises. This paper presents the context and emergence of these crisis states and derives public policy implications in the areas of externalities management, digitalization, and basic income based on a broad literature review. These key issues need to be addressed both during and after the crisis in order to address the problems of environmental quality and climate change mitigation, as well as rising inequality and injustice for current and future generations.https://www.mdpi.com/2673-4060/2/2/20COVID-19crisis managementbasic incomeenvironmental politicsglobalizationpublic policy |
| spellingShingle | Bianca Blum Bernhard K. J. Neumärker Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy World COVID-19 crisis management basic income environmental politics globalization public policy |
| title | Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy |
| title_full | Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy |
| title_fullStr | Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy |
| title_full_unstemmed | Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy |
| title_short | Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy |
| title_sort | lessons from globalization and the covid 19 pandemic for economic environmental and social policy |
| topic | COVID-19 crisis management basic income environmental politics globalization public policy |
| url | https://www.mdpi.com/2673-4060/2/2/20 |
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