Economic and Social Implications for COVID-19 Policies : Lessons Learned from Spanish Influenza and other Disease Outbreaks in History

• Autorzy: Paweł Pietrasieński

Warianty tytułu

Ekonomiczne i społeczne implikacje dla polityk COVID-19 : wnioski wynikające z grypy hiszpanki oraz innych pandemii w historii

• Języki publikacji: EN

Abstrakty

EN

The conventional approach in economic costs' estimation of the Spanish influenza underestimates the true economic costs of infectious diseases of epidemic proportions which are highly transmissible. The experience from these previous disease outbreaks provides valuable information on how to think about the implications of COVID-19.
The article's goal is to prove that the experience from previous disease outbreaks provides valuable information for COVID-19 policies and estimates of direct and indirect costs of a pandemic based on major disease outbreaks in history. Mitigating a pandemic will require cooperation and planning by all levels of government and the private sector. Assuming, that citizens want the government to mitigate an influenza outbreak, there should be concern about government's readiness and ability to protect citizens from a pandemic. Public education on flu mitigation, a greater reliance on charitable and volunteer organisations, and a dose of personal responsibility may be the best ways to protect citizens in the event of a future influenza pandemic. Most studies indicate the expected long-term changes in the behaviour of consumers and investors increasing precautionary saving or a rebuilding of depleted wealth which will put at risk the entertainment/hospitality sectors. Countries where the tourism sector is important should be designing policies that can minimise the impact on this vulnerable sector, should an epidemic occur. (author's abstract)

Konwencjonalne podejście do szacowania kosztów ekonomicznych pandemii grypy hiszpanki nie uwzględnia rzeczywistych kosztów ekonomicznych chorób zakaźnych o rozmiarach epidemii, które są wysoce zaraźliwe. Doświadczenia z tych poprzednich pandemii dostarczają cennych informacji o tym, jak myśleć o konsekwencjach COVID-19. Celem artykułu jest wykazanie, że doświadczenia z największych epidemii chorób w historii dostarczają cennych informacji dotyczących COVID-19 oraz szacowania bezpośrednich i pośrednich kosztów pandemii. Łagodzenie pandemii będzie wymagało współpracy i planowania na wszystkich szczeblach rządowych oraz sektora prywatnego. Po doświadczeniach związanych z grypą hiszpanką pojawiają się wątpliwości co do gotowości rządów i ich zdolności do ochrony obywateli przed pandemią. Edukacja publiczna na temat łagodzenia skutków pandemii oraz większe oparcie na organizacjach charytatywnych i wolontariacie mogą być najlepszymi sposobami ochrony obywateli na wypadek przyszłych wydarzeń pandemicznych. Większość badań wskazuje na długoterminowe zmiany w zachowaniu konsumentów i inwestorów, w szczególności zwiększanie oszczędności kosztem inwestycji i wydatków konsumpcyjnych, co zwłaszcza zagrozi sektorowi rozrywki/hotelarstwa. Kraje, w których sektor turystyczny jest ważny, powinny opracowywać polityki minimalizujące wpływ na ten wrażliwy sektor w przypadku wystąpienia epidemii. (abstrakt oryginalny)

Słowa kluczowe

EN

COVID-19; Socio-economic crisis; Costs of the crisis; Post-crisis activities; Pandemic

PL

COVID-19; Kryzys społeczno-gospodarczy; Koszty kryzysu; Działania pokryzysowe; Pandemia

• Czasopismo: Przegląd Organizacji
• Rocznik: 2021
• Numer: nr 1
• Strony: 33--39

Twórcy

autor

Paweł Pietrasieński

• SGH Warsaw School of Economics; Nevada Governor's Office of Economic Development

Bibliografia

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Identyfikatory

DOI

10.33141/po.2021.1.04