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Social stability challenged by Covid-19: Pandemics, inequality and policy responses

The public health measures implemented to limit the COVID-19 pandemic are likely to affect economic inequalities. In this paper we first provide a theoretical framework to analyse how income inequality contributes shaping the trade-off between economic lockdown and contagion. Our empirical analysis...

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Detalles Bibliográficos
Autores principales: Perugini, Cristiano, Vladisavljević, Marko
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Society for Policy Modeling. Published by Elsevier Inc. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7718105/
https://www.ncbi.nlm.nih.gov/pubmed/33311816
http://dx.doi.org/10.1016/j.jpolmod.2020.10.004
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author Perugini, Cristiano
Vladisavljević, Marko
author_facet Perugini, Cristiano
Vladisavljević, Marko
author_sort Perugini, Cristiano
collection PubMed
description The public health measures implemented to limit the COVID-19 pandemic are likely to affect economic inequalities. In this paper we first provide a theoretical framework to analyse how income inequality contributes shaping the trade-off between economic lockdown and contagion. Our empirical analysis on EU countries shows that the lockdown is likely to significantly increase inequality and poverty and that the magnitude of the change is larger in more unequal countries. To avoid social collapse, countries must consider inequality as an additional source of fragility, while supranational, coordinated health and fiscal policies are needed in the interest of all European economies.
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spelling pubmed-77181052020-12-07 Social stability challenged by Covid-19: Pandemics, inequality and policy responses Perugini, Cristiano Vladisavljević, Marko J Policy Model Article The public health measures implemented to limit the COVID-19 pandemic are likely to affect economic inequalities. In this paper we first provide a theoretical framework to analyse how income inequality contributes shaping the trade-off between economic lockdown and contagion. Our empirical analysis on EU countries shows that the lockdown is likely to significantly increase inequality and poverty and that the magnitude of the change is larger in more unequal countries. To avoid social collapse, countries must consider inequality as an additional source of fragility, while supranational, coordinated health and fiscal policies are needed in the interest of all European economies. The Society for Policy Modeling. Published by Elsevier Inc. 2021 2020-12-05 /pmc/articles/PMC7718105/ /pubmed/33311816 http://dx.doi.org/10.1016/j.jpolmod.2020.10.004 Text en © 2020 The Society for Policy Modeling. Published by Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Perugini, Cristiano
Vladisavljević, Marko
Social stability challenged by Covid-19: Pandemics, inequality and policy responses
title Social stability challenged by Covid-19: Pandemics, inequality and policy responses
title_full Social stability challenged by Covid-19: Pandemics, inequality and policy responses
title_fullStr Social stability challenged by Covid-19: Pandemics, inequality and policy responses
title_full_unstemmed Social stability challenged by Covid-19: Pandemics, inequality and policy responses
title_short Social stability challenged by Covid-19: Pandemics, inequality and policy responses
title_sort social stability challenged by covid-19: pandemics, inequality and policy responses
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7718105/
https://www.ncbi.nlm.nih.gov/pubmed/33311816
http://dx.doi.org/10.1016/j.jpolmod.2020.10.004
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