303 Results for “COVID 19”

“This survey gives a voice to US health care workers who have been on the frontlines of COVID-19,” David Michaels, a professor of environmental and occupational health at the George Washington University and former administrator of the Occupational Safety and Health Administration, said. “Health care workers have valuable first-hand knowledge about this pandemic and this report offers recommendations that could help keep the U.S. on a steady course now and in the future.” …. Michaels and Melissa Perry, a professor and chair of the Department of Environmental and Occupational Health, provided guidance in producing the report. The McElhattan Foundation and the Institute for New Economic Thinking provided financial support for the survey and the report.” — George Washington University

Capacity, Scale, and Control

Mortality and economic data show how constraints to government spending and a skepticism of redistributive policies have made the pandemic far worse

Unlike the Great Recession, the pandemic has hit women workers harder than men, and disproportionately hurt the job prospects of lower education workers.

By all accounts infection rates have ebbed. But were we good or were we lucky?

COVID has meant unemployment for the many and a corporate profit-fueled windfall for the few.

Cambridge-INET has just launched a new website, featuring research, insights and news from Cambridge Economists about the economic implications of COVID-19

As Covid-19 spreads globally in the first quarter of 2020, this paper finds that firms’ primary concerns relate to the collapse of demand, increased uncertainty, and disruption in supply chains

The scale of firm exposure to the coronavirus is unprecedented by earlier outbreaks, spans all major economies and is pervasive across all industries

Three American researchers, crossing the figures for growth and mortality due to the Covid-19 pandemic from many countries, conclude that containment is effective, provided it is accompanied by strong public subsidies.

With the COVID-19 death toll rising, we should question the wisdom and morality of an IP system that silently condemns millions of human beings to suffering and death every year.

The speed and duration of COVID-19 economic recovery will depend on how the government will finance emergency programs.

The world is on edge at the prospect of a resurgent wave of infections. Models and speculation are rife, but facts remain scarce, which is why the events in Wisconsin on April 7, and their eventual impact, are so important.

In the era of COVID and digital movements, strikes look radically different from traditional labor strikes

In this interview, Folashadé Soulé and Camilla Toulmin speak with Carl Manlan, the Chief Operating Officer of the Ecobank Foundation - responsible for Ecobank’s social impact engagement with the communities in which the bank operates in Africa – on the role of African philanthropy and corporate social responsibility in the response to COVID-19 on the continent.

By fully utilizing the power of the Occupational Safety and Health Administration (OSHA), President Biden could take meaningful steps to keep workers safe during the pandemic, even without Congress’s help

Find all of our COVID-19 pandemic articles, webinars, and working papers here.

Restoring faith in governance and public action is itself a public good that would prepare us for a whole myriad of challenges on the horizon

“Larger dairy farms inevitably mean a system less geographically dispersed, larger environmental challenges with farm waste, and a less resilient system. The Institute for New Economic Thinking detailed these impacts in a recent report on the pandemic’s effects on dairy farmers, Spilt Milk: COVID-19 and the Dangers of Dairy Industry Consolidation: “The COVID-19 pandemic led to the collapse in commercial demand as restaurants, caterers, schools and other institutional customers were forced to close. Dairy plants serving supermarkets and grocery stores were already operating at close to full capacity when the coronavirus struck. Capital equipment specialized to produce for commercial customers were incapable of producing for consumers served by supermarkets or food banks. Some farmers had no choice but to dump milk.”[9] For the smaller dairy farmers, international (primarily Canadian) competition and price fluctuations are daily economic challenges.” — Charles Luke, Homeland Security Today … [9] Eileen Appelbaum and Jared Gaby-Biegle, “Spilt Milk: COVID-19 and the Dangers of Dairy Industry Consolidation,” Institute for Economic and Policy Research, August 15, 2020, https://www.ineteconomics.org/uploads/papers/WP_134-Appelbaum-and-Gaby-Biegel.pdf

It’s time to prioritize mental well-being to avoid far-reaching economic and social consequences.

An introduction to a series of interviews conducted by Dr. Dr. Folashadé Soulé and Dr. Camilla Toulmin in support of INET’s Commission on Global Economic Transformation (CGET)

What is the current situation in credit markets? Will an overhang of debt on corporate balance sheets slow down the recovery from the COVID recession and be a drag on investment going forward? Does the COVID recession still have the potential to turn into a broader financial meltdown?

Phillip Alvelda, Thomas Ferguson, and John C. Mallery discuss their latest research into how the pandemic is related to the economy and how protecting against the virus also protects societies from economic disaster.

Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.

Austerity policies will slow recovery and should be rejected

Targeted Measures and Subsidies for Cost Effective COVID-19 Abatement

“Right after the CDC made this announcement, the president of the American Federation of Teachers, Randi Weingarten, sent a letter to the Biden administration, citing a study by the Institute for Economic Thinking. … The authors of the study are Dr. Deepti Gurdasani, who did much of the research for the study and is a clinical epidemiologist and statistical geneticist and senior lecturer at the William Harvey Research Institute in London; Dr. Phillip Alveldi, CEO and chairman of Brain Works Foundry Inc, a U.S.-based developer of artificial intelligence-enhanced health care technologies and services; and Thomas Ferguson, the director of research projects for the Institute for New Economic Thinking.” — Dennis Donohue, Santa Fe New Mexican

That’s the amount of buybacks U.S. corporations funneled to shareholders during the past decade—rather than invest in technologies for the common good. This article is being published jointly by INET and The American Prospect

A review of regional integration in Africa

While Africa’s “premature deindustrialization” appears to be the dominant global narrative, recent analysis of the data suggests that de-industrialization is not the common experience for the majority of African countries

Researchers have shown that the financial and economic impacts of denying women abortion care can last years

School re-opening push based on outdated science is poorly timed in face of coronavirus resurgence

Warnings of “corruption and incompetence coming together,” as economists William Lazonick and Öner Tulum study the race to end the pandemic.

In this conversation with Folashadé Soulé and Camilla Toulmin, Pr Takyiwaa Manuh analyses how the pandemic has disproportionately affected women at different levels especially in Ghana, and describes why governments need to focus more strongly on the gendered impacts of COVID-19 in both their sanitary and economic response.

In this interview, Folashadé Soulé and Camilla Toulmin discuss with Edward K. Brown, Senior Director, Research and Advisory services at the African Center for Economic Transformation (ACET) based in Accra, Ghana, on the effects of COVID-19 on regional integration and economic transformation in Africa, and the role of ACET and African think tanks in advising African governments respond to the crisis.

Fragility and Resilience in Green Development in Africa: Intersections and Trade-offs

As the collapse of global supply chains highlights the fragility that comes with economic interdependence, the pandemic is fueling the rise of ethnonationalism. Policy decisions in response to the crisis will play an important role in determining the fate of the world economy.

Can developing countries cope with high debt levels? How dire is the situation? Has the policy response been adequate? And what’s the situation in private external debt, and what should be done about private creditors? This edition of Debt Talks will discuss the situation in developing country debt during and after the COVID-19 pandemic.

The principal threat to economic stability currently is the overhang of debt, both private and public.

Gilead’s shareholders want exorbitant profits from Remdesivir, even though it was the public that enabled its development.

Evidence shows pharmaceutical companies won’t stop price-gouging and risking American lives for financial gain in this time of crises – unless we force them.

As the COVID crisis threatens to overwhelm both federal and state government services, getting the digital component of government services to function effectively is mission critical.

Please join us for a discussion with Geoff Mann, INET Senior Fellow and author of Climate Leviathan: A Political Theory of Our Planetary Future, on how the coronavirus pandemic might (or might not) teach us to prepare for a life on an increasingly hot planet.

Technology has played a central role in the response to the COVID-19 pandemic. But that has come with increased risks to privacy. How do we balance our needs for safety, convenience and privacy in the wake of this crisis?

Researchers worry the pandemic may have severe after-effects, with deaths of despair impacting more distressed and newly-vulnerable populations

During WWII FDR mobilized private manufacturers to support the war effort. To keep Americans healthy, we need to do the same now for medical equipment

The economy is likely to be crippled for months and fiscal rescue on a large scale, once again, is very much necessary.

William Lazonick emphasizes that keeping workers productively employed is key to economic recovery from Covid-19 as well as a healthy economic future

Covid and BLM protests were key to Biden’s victory

An interview with John Nkengasong, Director of Africa CDC, about how a coordinated response to COVID-19 in Africa has proven to be effective

A series of interviews by Folashadé Soulé and Camilla Toulmin with African leaders on the pandemic.

Do temporary economic shocks like the COVID-19 recession create lasting effects on the economy?

“Equitable COVID19 vaccine distribution is a very important issue of global solidarity”

Mortality and economic data show how constraints to government spending and a skepticism of redistributive policies have made the pandemic far worse

Unlike the Great Recession, the pandemic has hit women workers harder than men, and disproportionately hurt the job prospects of lower education workers

In a candid discussion with INET’s Lynn Parramore, Dr. Phillip Alvelda highlights the imminent dangers of long COVID, criticizing governments and health agencies for ongoing preventable suffering and deaths. *This is Part 2 of a two-part interview.

Stuck in a fog of misleading narratives, most of us don’t see the true extent of COVID’s persisting—and intensifying—threats. INET’s Lynn Parramore talks to Dr. Phillip Alvelda about the dangers we’re missing and the failures of public health agencies to inform and protect us. *This is Part 1 of a two-part interview.

If we save education, can we save humanity?

The rise of the Knowledge Based Economy and subsequent Data Driven Economy has created a new world in which the basis of wealth and power is derived from control of these intangible assets, alongside creating a new kind of social and political space in which both our public and private spheres are technologically reshaped. The COVID-19 pandemic has accelerated these transformations that permeate our world and has amplified their effects.

Chioma Agwuegbo of TechHer Nigeria, talks to Folashadé Soulé and Herbert Mba Aki about how the pandemic is impacting young people in Nigeria, especially young women, and how African youth are tackling the crisis.

Dans le cadre de cet entretien, Pr Kako Nubukpo, Doyen de la Faculté des Sciences Economiques et de Gestion (FASEG) de l’Université de Lomé au Togo, et ancien Ministre de la Prospective et de l’Evaluation des politiques publiques du Togo, revient sur l’impact économique et social de la crise du COVID-19 au Togo et sur ses répercussions sur les politiques économiques dont les réformes monétaires et fiscales en cours en Afrique de l’Ouest et Centrale.

Technology has played a critical role during the COVID-19 pandemic, facilitating remote work and automating certain pandemic responses. But it has also accelerated technological adoption, and the “future of work” may now be the present.

Are there alternative, less socially costly, ways to bring inflation down?

Expert warns that it could be a race against the clock as the fast-spreading B117 variant picks up steam in the U.S.

Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.

Fears of ‘stagflation’ have come back to haunt macroeconomic policy makers all over the globe

Developing countries, many of which appear not to have felt the health effects of COVID to the same extent as Europe and the US, are nonetheless facing severe economic effects as the pandemic pushes the global economy into a recession.

As new coronavirus cases surge across India, calls are growing louder for wealthy countries to loosen intellectual property restrictions

Thea Lee, President of the Economic Policy Institute, talks to Rob Johnson about the roots of the COVID-19 economic crisis in America’s dysfunctional labor market.

“Just learn to live with it” policies subject children to an experiment with a systemic disease that does serious and lasting damage, warns former NASA and DARPA technologist

Colleges and universities need to be saved, not only from financial ruin, but also, all too often, from themselves.

Incomes Destroyed at the Bottom, Profits Supported at the Top

An interview with Professor Felwine Sarr, Professor of Economics at the Université Gaston Berger of Saint-Louis in Senegal, for INET’s series on COVID-19 and Africa

In this conversation with Folashadé Soulé and Camilla Toulmin, Pr Njuguna Ndung’u, a Kenyan economist, Director of the African Economic Research Consortium (AERC), a pan-African organization devoted to the advancement of economic policy research and training in sub-Saharan Africa, and former Governor of the Central Bank of Kenya (2007-2015) analyses how the pandemic creates more fragility in African economies, but also how reforms could be implemented during this crisis; and the urgent need for investment in strong health institutional capacities

A critical reappraisal of the case in favor of monetary tightening pressed by inflation hawks is overdue.

An interview with Dr. Ibrahim Mayaki, CEO of the African Union Development Agency (AUDA-NEPAD)

“Overcoming the COVID-19 crisis and ensuring a rapid and equitable economic recovery are only two of the challenges we must meet in 2021. This year will also be a crucial one for achieving the goal of net-zero carbon dioxide emissions by mid-century.” — Project Syndicate

Every country has had a different policy response to the crisis; and within countries different political parties have championed various approaches. How has COVID-19 affected politics and social life in developed western countries?

Alex Gibney, documentarian and director of Enron: The Smartest Guys in the Room, talks to Rob Johnson about the crimes perpetuated by American government and society today, including systemic racism, police brutality, and neglect of the COVID-19 pandemic.

John Ralston Saul, writer and political philosopher, talks to Rob about citizenry and society in light of COVID-19. They discuss models for civic engagement that could better tackle the pandemic, as well as other social problems, such as poverty and inequality.

In this interview, Dr. Folashadé Soulé and Dr. Camilla Toulmin discuss with Nanjala Nyabola, a writer and researcher based in Nairobi, Kenya. Nanjala’s work focuses on the intersection between technology, media, and society. She is currently the Director of Advox, the digital rights programme at Global Voices. Nanjala has held numerous research associate positions including with the Overseas Development Institute (ODI), the Oxford Internet Institute (OII), and other institutions, while also working as a research lead for several projects on human rights broadly and digital rights specifically around the world.

Governments and civil society organizations must work together with UNCTAD to provide developing countries the tools — and the transformed governance regimes — they need to “build back better” through these challenging and difficult times.

Jeffrey Sachs, Director of Columbia University’s Center for Sustainable Development and Chair of the Lancet’s COVID-19 commission, talks about the many challenges and shortcomings of US policy towards the pandemic, as well as his new book, The Ages of Globalization, and how we can get the ethical foundations of economic thinking back on track.

Nelson Barbosa—Professor at the Getúlio Vargas Foundation in São Paulo, former Finance Minister of Brazil, and member of INET’s Global Commission on Economic Transformation—talks to Rob about how faith in the free market is eroding under the COVID-19 pandemic, and how the crisis will impact globalization.

Jayati Ghosh, professor of economics at Jawaharlal Nehru University in New Delhi and member of INET’s Global Commission on Economic Transformation, talks to Rob about the unique way the COVID-19 pandemic is affecting developing countries. They also discuss the developing global economic crisis, and the way young people in particular are responding.

“Executives have an interest in getting the stock price up and price gouging customers is one way they can do this,” said William Lazonick, professor emeritus of economics at University of Massachusetts and co-founder of the Academic-Industry Research Network. While many drug companies argue that they use their vast profits to fund ongoing pharmaceutical innovation, Lazonick said, “we’ve shown that most of these companies don’t do that.” Instead, the soaring prices fuel soaring stock prices and executive pay, which is often based largely on that price.” — INET Grantee William Lazonick

Rob talks to Adair Turner—member of the House of Lords, former Chairman of the British Financial Services Authority, and member of INET’s Commission on Global Economic Transformation—about how the COVID-19 economic crash compares to the post-2008 recession: namely, how to deal with a crisis of supply in addition to aggregate demand.

The combination of technological disruption and economic globalization have resulted in stagnating wages, middle class job losses, and declining labor power in many developed countries. How did this happen and how could we respond?

“We’re building a data system, because you can’t really manage a city if you don’t know who’s there and what’s in it.”

“Actual experience, as opposed to cost-benefit analyses of theoretical alternatives, further strengthens the case for suppressing the disease fully, where feasible. A recent paper from the Institute for New Economic Thinking, To Save the Economy, Save the People First, suggests why. A chart (reproduced here) shows that countries have followed two strategies: suppression, or trading off deaths against the economy. By and large, the former group has done better in both respects. Meanwhile, countries that have sacrificed lives have tended to end up with high mortality and economic costs.” — Martin Wolf, The Financial Times

Entretien avec Pr Felwine Sarr, Professeur Titulaire des Universités et agrégé en économie à l’Université Gaston Berger de Saint-Louis au Sénégal, pour la série d’INET sur COVID-19 et l’Afrique

A Template to Prevent a Global Debt Crisis?

Rohinton Medhora—economist and President of the Centre for International Governance Innovation—talks to Rob about how our economic institutions, such as the global intellectual property regime and central bank independence hamper our ability to address the global crisis that the COVID-19 pandemic has unleashed. They also talk about the state of populism, US-China relations, and the effect of the pandemic on Africa.

Andrew Michael Spence—Nobel laureate, Professor of Economics at the NYU Stern School of Business, and Co-Chair of INET’s Commission on Global Economic Transformation—talks to Rob about how the U.S. government typically errs on the side of doing too little, too late, in response to major crises like the coronavirus pandemic. Spence and Rob compare and contrast how governments in the U.S., Europe, and Asia have responded to COVID-19.

An interview with African development specialist Bara Guèye

Economist Gordon Lafer describes a race against the education technology industry to do what’s right for America’s kids

Un entretien avec Bara Guèye