The COVID-19 Crisis
In an essay written in June 2020, Hawaiʻi's Lieutenant Governor reflects on the state's response to the outbreak of COVID-19, its strategies for testing and quarantining, as well as options for reopening tourism.
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In an essay written in June 2020, Hawaiʻi's Lieutenant Governor reflects on the state's response to the outbreak of COVID-19, its strategies for testing and quarantining, as well as options for reopening tourism.
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In: Proceedings of the 20th International Research Association for Interdisciplinary Studies (RAIS) Conference on Social Sciences and Humanities, pp. 140-147, December 6-7, 2020.
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In: Revista scientific, Band 6, Heft 19, S. 9-20
ISSN: 2542-2987
La publicación del presente número, está dirigido al impacto del COVID-19 en la vida humana, desde su irrupción a partir de diciembre del año 2019 en la ciudad de Wuhan (China) y su propagación en América del Sur desde marzo del año 2020. Para la perspectiva de análisis de todos los ciudadanos suramericanos, nos era imposible esta irradiación viral, sin embargo, atónitos advertimos desde marzo del año 2020, cuando un plan sistemático de aislamiento se implementó de manera gradual en cada uno de los países a nivel global. Las noticias diarias e informes sobre enfermos, recuperados y muertos, generaron dudas sobre dudas y así se hicieron extensivas con el devenir de los meses hasta la apertura gradual de las actividades.
The Covid-19 pandemic surprised the world with the speed of its spread and caught nations woefully unprepared to contain the virus but in hindsight its arrival was readily predictable. Why did the warning signs for Covid-19 go unnoticed? Why did so many leaders fail to plan for a pandemic? And why did they not recognize the outbreak and respond effectively even after the pandemic was at their doorstep? This paper will seek to answer these questions by exploring six stages in crisis management: 1) preventing the crisis, 2) planning for the crisis, 3) recognizing the crisis, 4) containing the crisis, 5) returning the society to normal or non-crisis state, and 6) learning from the crisis. The paper uncovers missteps to aid society to better prepare for the next crisis
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In: Romanian Journal of European Affairs, Band 21, Heft 1
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Policymakers have minimized the role of bankruptcy law in mitigating the financial fallout from COVID-19. Scholars too are unsure about the merits of bankruptcy, especially Chapter 11, in resolving business distress. We argue that Chapter 11 complements current stimulus policies for large corporations, such as the airlines, and that Treasury should consider making it a precondition for receiving government-backed financing. Chapter 11 offers a flexible, speedy, and crisis-tested tool for preserving businesses, financing them with government funds (if necessary), and ensuring that the costs of distress are borne primarily by investors, not taxpayers. Chapter 11 saves businesses and employment, not shareholders. For consumers and small businesses, however, bankruptcy should serve as a backstop to other policies, such as the CARES Act. Consumer bankruptcy law's primary goal is to discharge debts, but that's not what most consumers need right now. What they need is bridge financing, and perhaps forbearance, until the crisis ends, they get back to work, and they regain their ability to pay their debts again. These key policy levers – bridge financing and forbearance – are available in theory to small businesses in Chapter 11, especially if the government supplies the bridge financing when credit markets are dysfunctional. The practical reality is that bankruptcy is expensive for small businesses, which may deter them from using it in the first place. Equally important, our courts will be flooded if Chapter 11 is the primary rescue policy for small businesses.
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In: The Indian economic journal, Band 68, Heft 3, S. 341-351
ISSN: 2631-617X
The onset of the COVID-19 pandemic has presented India with complex economic and public health challenges. Furthermore, these two crises interact with each other in unpredictable ways whence there is considerable uncertainty in designing a policy response. This article purports to place India's experience with the corona virus with a cutoff date of 30 June 2020 in perspective and to examine the public health and economic challenges as well as the economy's prospects in a post-COVID world. The article lists key dates in the development of this pandemic in India and globally. We then outline the economic and health strategies followed in India to combat the crisis. We further discuss some consequences of the pandemic and elements of India's recovery strategy. We also assess elements of India's recovery. Finally, this article discusses prospects for the Indian economy in the short run. JEL Codes: I15, I18, O11, O40
In: Finance Research Letters, Forthcoming
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Working paper
This article offers a collectively developed analysis of the Covid-19 crisis as it relates to contemporary cultures of rejection, i.e. the socio-cultural conditions in which authoritarian and right-wing populist politics thrive, in Europe. We explore how the pandemic and its management reinforces, transforms and/or overrides existing antagonisms and institutes new ones in Serbia, Croatia, Austria, Germany and Sweden. We discuss how the Covid-19 crisis affects the rise of new statisms; gendered patterns of social reproduction; mobility and migration; digital infrastructures; and new political mobilizations
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In: Bezbednosni dijalozi: Security dialogues, Band 13, Heft 1, S. 81-93
ISSN: 1857-8055
In: The round table: the Commonwealth journal of international affairs, Band 109, Heft 3, S. 347-350
ISSN: 1474-029X
In: University of Hong Kong Faculty of Law Research Paper No. 2020/017
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Working paper