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Pandemic Response and the Cost of Lockdowns

Pandemic Response and the Cost of Lockdowns
Author: Peter Sutoris
Publisher: Taylor & Francis
Total Pages: 203
Release: 2022-11-30
Genre: Political Science
ISBN: 100075524X

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Pandemic Response and the Cost of Lockdowns brings the vast analytical apparatus of the humanities and social sciences to the task of critically analysing the political decisions taken in 2020–21. The global response to the COVID-19 pandemic left little time for critical debate about the impact of lockdowns. Across the world, governments claimed to "follow the science", but they rarely paid attention to the humanities and social sciences. Indeed, the absence of these perspectives is symptomatic of a longer-term trend in the marginalisation of the humanities and social sciences in policymaking and public debate. This book exposes the tragic consequences of this omission in 2020–21 and demonstrates the potential for a different path in the future – a path in which we pay attention to power, complexity, and our biases. The authors establish what these disciplines have to offer in a global emergency and how we can ensure they help us avoid the mistakes of 2020–21 in the future. This original and interdisciplinary book will be of great interest to students, scholars, and researchers throughout the humanities and social sciences, including the fields of philosophy, sociology, anthropology, law, political science, and history, as well as relevant policymakers.


Do Lockdowns and Border Closures Serve the "greater Good"? A Cost-benefit Analysis of Australia's Reaction to COVID-19

Do Lockdowns and Border Closures Serve the
Author: Gigi Foster
Publisher:
Total Pages: 0
Release: 2022-09-22
Genre:
ISBN: 9781922815217

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The world has been shaken by the response of governments to the COVID-19 pandemic in a way unlike what we have seen in any prior global health event. What started as a local health anomaly in one Chinese province quickly became a world-stopping crisis affecting every major nation in 2020. Industries from travel to manufacturing suffered sudden, acute disruptions due to political action to lock down cities and block the free movement of people and goods within and between countries. Was all of this necessary to save lives, or did it on net produce human damage? This report aims to evaluate whether Australia's COVID lockdown policies - a central feature of our COVID policy response - were on net helpful or harmful. Gigi Foster is Professor of Economics, UNSW Business School, University of New South Wales, Sydney, Australia. Sanjeev Sabhlok is a PhD economist formerly of the Department of Treasury and Finance in Victoria.


Pandemics: Insurance and Social Protection

Pandemics: Insurance and Social Protection
Author: María del Carmen Boado-Penas
Publisher: Springer Nature
Total Pages: 314
Release: 2022
Genre: Applied mathematics
ISBN: 3030783340

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This open access book collects expert contributions on actuarial modelling and related topics, from machine learning to legal aspects, and reflects on possible insurance designs during an epidemic/pandemic. Starting by considering the impulse given by COVID-19 to the insurance industry and to actuarial research, the text covers compartment models, mortality changes during a pandemic, risk-sharing in the presence of low probability events, group testing, compositional data analysis for detecting data inconsistencies, behaviouristic aspects in fighting a pandemic, and insurers' legal problems, amongst others. Concluding with an essay by a practicing actuary on the applicability of the methods proposed, this interdisciplinary book is aimed at actuaries as well as readers with a background in mathematics, economics, statistics, finance, epidemiology, or sociology.


The COVID-19 Catastrophe

The COVID-19 Catastrophe
Author: Richard Horton
Publisher: John Wiley & Sons
Total Pages: 143
Release: 2020-07-13
Genre: Medical
ISBN: 1509546456

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The global response to the COVID-19 pandemic is the greatest science policy failure in a generation. We knew this was coming. Warnings about the threat of a new pandemic have been made repeatedly since the 1980s and it was clear in January that a dangerous new virus was causing a devastating human tragedy in China. And yet the world ignored the warnings. Why? In this short and hard-hitting book, Richard Horton, editor of the medical journal The Lancet, scrutinizes the actions that governments around the world took – and failed to take – as the virus spread from its origins in Wuhan to the global pandemic that it is today. He shows that many Western governments and their scientific advisors made assumptions about the virus and its lethality that turned out to be mistaken. Valuable time was lost while the virus spread unchecked, leaving health systems unprepared for the avalanche of infections that followed. Drawing on his own scientific and medical expertise, Horton outlines the measures that need to be put in place, at both national and international levels, to prevent this kind of catastrophe from happening again. Were supposed to be living in an era where human beings have become the dominant influence on the environment, but COVID-19 has revealed the fragility of our societies and the speed with which our systems can come crashing down. We need to learn the lessons of this pandemic and we need to learn them fast because the next pandemic may arrive sooner than we think.


Nudged into Lockdown?

Nudged into Lockdown?
Author: Chaudhuri, Ananish
Publisher: Edward Elgar Publishing
Total Pages: 256
Release: 2022-02-18
Genre: Business & Economics
ISBN: 1802205675

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Utilizing extensive research in economics, psychology, political science, neuroscience and evolutionary theory, Ananish Chaudhuri provides a critical perspective on the role of cognitive biases in decision-making during the Covid-19 pandemic. The extensive use of, and support for, stringent social distancing measures in particular is explored in depth.


The Covid Consensus

The Covid Consensus
Author: Toby Green
Publisher: Oxford University Press
Total Pages: 170
Release: 2021-12-01
Genre: Political Science
ISBN: 1787386155

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Since the onset of the pandemic, progressive opinion has been clear that hard lockdowns are the best way to preserve life, while only irresponsible and destructive conservatives like Trump and Bolsonaro oppose them. But why should liberals favor lockdowns, when all the social science research shows that those who suffer most are the economically disadvantaged, without access to good internet or jobs that can be done remotely; that the young will pay the price of the pandemic in future taxes, job prospects, and erosion of public services, when they are already disadvantaged in comparison in terms of pension prospects, paying university fees, and state benefits; and that Covid's impact on the Global South is catastrophic, with the UN predicting potentially tens of millions of deaths from hunger and declaring that decades of work in health and education is being reversed. Toby Green analyses the contradictions emerging through this response as part of a broader crisis in Western thought, where conservative thought is also riven by contradictions, with lockdown policies creating just the sort of big state that it abhors. These contradictions mirror underlying irreconcilable beliefs in society that are now bursting into the open, with devastating consequences for the global poor.


Coronavirus Politics

Coronavirus Politics
Author: Scott L Greer
Publisher: University of Michigan Press
Total Pages: 416
Release: 2021-04-19
Genre: Political Science
ISBN: 0472902466

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COVID-19 is the most significant global crisis of any of our lifetimes. The numbers have been stupefying, whether of infection and mortality, the scale of public health measures, or the economic consequences of shutdown. Coronavirus Politics identifies key threads in the global comparative discussion that continue to shed light on COVID-19 and shape debates about what it means for scholarship in health and comparative politics. Editors Scott L. Greer, Elizabeth J. King, Elize Massard da Fonseca, and André Peralta-Santos bring together over 30 authors versed in politics and the health issues in order to understand the health policy decisions, the public health interventions, the social policy decisions, their interactions, and the reasons. The book’s coverage is global, with a wide range of key and exemplary countries, and contains a mixture of comparative, thematic, and templated country studies. All go beyond reporting and monitoring to develop explanations that draw on the authors' expertise while engaging in structured conversations across the book.


Improving Pandemic Preparedness

Improving Pandemic Preparedness
Author: Thomas Bollyky
Publisher: Council on Foreign Relations Press
Total Pages: 154
Release: 2020-10-08
Genre:
ISBN: 9780876092644

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The United States and the world were unprepared for the COVID-19 pandemic, despite decades of warnings highlighting the inevitability of global pandemics and the need for international coordination. The failure to prioritize and adequately fund preparedness and effectively implement response plans has exacted a heavy human and economic price, and the crisis is not yet over. Emerging and reemerging infectious diseases are a threat to global and national security that neither the United States nor the world can afford to ignore. This Task Force proposes a comprehensive strategy that includes institutional reforms and policy innovations to help the United States and the multilateral system perform better in this crisis and when the next one emerges. Without increased U.S. leadership on and adequate investment in pandemic preparedness and response, the United States and the world will remain unnecessarily vulnerable to epidemic threats. The Council on Foreign Relations sponsors Independent Task Forces to assess issues of current and critical importance to U.S. foreign policy and provide policymakers with concrete judgments and recommendations. Diverse in backgrounds and perspectives, Task Force members aim to reach a meaningful consensus on policy through private deliberations. Once launched, Task Forces are independent of CFR and are solely responsible for the content of their reports. Task Force members are asked to join a consensus signifying that they endorse the general policy thrust and judgments reached by the group, though not necessarily every finding and recommendation. Each Task Force member also has the option of putting forward an additional or a dissenting view.


Protecting Lives and Livelihoods with Early and Tight Lockdowns

Protecting Lives and Livelihoods with Early and Tight Lockdowns
Author: Francesca G Caselli
Publisher: INTERNATIONAL MONETARY FUND
Total Pages: 27
Release: 2020-11-08
Genre: Business & Economics
ISBN: 9781513560434

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Using high-frequency proxies for economic activity over a large sample of countries, we show that the economic crisis during the first seven months of the COVID-19 pandemic was only partly due to government lockdowns. Economic activity also contracted because of voluntary social distancing in response to higher infections. We also show that lockdowns can substantially reduce COVID-19 infections, especially if they are introduced early in a country's epidemic. Despite involving short-term economic costs, lockdowns may thus pave the way to a faster recovery by containing the spread of the virus and reducing voluntary social distancing. Finally, we document that lockdowns entail decreasing marginal economic costs but increasing marginal benefits in reducing infections. This suggests that tight short-lived lockdowns are preferable to mild prolonged measures.


The Economics of COVID-19

The Economics of COVID-19
Author: Moosa, Imad A.
Publisher: Edward Elgar Publishing
Total Pages: 256
Release: 2021-11-16
Genre: Medical
ISBN: 1800377223

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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.