Effects of Pandemic Outbreak on Economies: Evidence From Business History Context

The coronavirus pandemic has highlighted the capitalist dysfunction showing that considering profit over people can be deadly. The study reveals the LME economies were more responsive toward the impact of the disease outbreaks as compared to the CME economies wherein the impact of the disease was mo...

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Main Authors: Yunfeng Shang, Haiwei Li, Ren Zhang
Format: Article
Language:English
Published: Frontiers Media S.A. 2021-03-01
Series:Frontiers in Public Health
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpubh.2021.632043/full
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author Yunfeng Shang
Haiwei Li
Ren Zhang
author_facet Yunfeng Shang
Haiwei Li
Ren Zhang
author_sort Yunfeng Shang
collection DOAJ
description The coronavirus pandemic has highlighted the capitalist dysfunction showing that considering profit over people can be deadly. The study reveals the LME economies were more responsive toward the impact of the disease outbreaks as compared to the CME economies wherein the impact of the disease was moderated by the government involvement. This allows us to draw that the impact of the disease outbreaks can be moderated by increasing the involvement of the government authorities.
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spelling doaj.art-f14a0f4457924f728222e63637a8ebf82022-12-21T20:01:06ZengFrontiers Media S.A.Frontiers in Public Health2296-25652021-03-01910.3389/fpubh.2021.632043632043Effects of Pandemic Outbreak on Economies: Evidence From Business History ContextYunfeng Shang0Haiwei Li1Ren Zhang2Zhejiang Yuexiu University of Foreign Languages, Shaoxing, ChinaTianjin University of Commerce, Tianjin, ChinaTexas State University, San Marcos, TX, United StatesThe coronavirus pandemic has highlighted the capitalist dysfunction showing that considering profit over people can be deadly. The study reveals the LME economies were more responsive toward the impact of the disease outbreaks as compared to the CME economies wherein the impact of the disease was moderated by the government involvement. This allows us to draw that the impact of the disease outbreaks can be moderated by increasing the involvement of the government authorities.https://www.frontiersin.org/articles/10.3389/fpubh.2021.632043/fullcoronaviruspandemic outbreakbusiness historyLME economiesCME economies
spellingShingle Yunfeng Shang
Haiwei Li
Ren Zhang
Effects of Pandemic Outbreak on Economies: Evidence From Business History Context
Frontiers in Public Health
coronavirus
pandemic outbreak
business history
LME economies
CME economies
title Effects of Pandemic Outbreak on Economies: Evidence From Business History Context
title_full Effects of Pandemic Outbreak on Economies: Evidence From Business History Context
title_fullStr Effects of Pandemic Outbreak on Economies: Evidence From Business History Context
title_full_unstemmed Effects of Pandemic Outbreak on Economies: Evidence From Business History Context
title_short Effects of Pandemic Outbreak on Economies: Evidence From Business History Context
title_sort effects of pandemic outbreak on economies evidence from business history context
topic coronavirus
pandemic outbreak
business history
LME economies
CME economies
url https://www.frontiersin.org/articles/10.3389/fpubh.2021.632043/full
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AT haiweili effectsofpandemicoutbreakoneconomiesevidencefrombusinesshistorycontext
AT renzhang effectsofpandemicoutbreakoneconomiesevidencefrombusinesshistorycontext