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The Coronavirus, Economic Policy and Economic Dynamics

The year 2020 has so far stood completely under the influence of Corona. The virus was first detected in China in late 2019, and spread all over the globe over the coming months. Nearly everyone was, and is, affected. People were afraid of getting infected and limited all sort of social interaction. Many countries implemented shutdowns with the goal of reducing the spread of the virus and saving lives. While the virus has spread, the world have experienced the severe recession in a long time. Beyond economics, Corona is present in every aspect of our daily life. On the one hand, there has been a tremendous number of touching examples of care for
people at risk, and support for the parts of the population who are most affected by the consequences of the epidemic. On the other hand, some people deny the severity of the virus, question the need for social distancing and protest against public health measures. This work aims to summarise the economic literature as of June 2020 on the trade-off between saving lives and livelihoods. The authors wrote it during a Bachelor Seminar, while the whole world learned simultaneously about COVID-19.

Identiferoai:union.ndltd.org:DRESDEN/oai:qucosa:de:qucosa:73112
Date09 December 2020
CreatorsBrandau, Johannes, Chikina, Valentina, Hilgenberg, Alexander, Jaschke, Philipp Jonathan, Kühnöhl, Tim, Parfene, Radu, Pretzsch, Rahel, Ravotti, Luis Santiago, Ressel, Benjamin, Vulpus, Frederik
Contributorsvon Schweinitz, Gregor, Universität Leipzig
Source SetsHochschulschriftenserver (HSSS) der SLUB Dresden
LanguageEnglish
Detected LanguageEnglish
Typeinfo:eu-repo/semantics/updatedVersion, doc-type:StudyThesis, info:eu-repo/semantics/StudyThesis, doc-type:Text
Rightsinfo:eu-repo/semantics/openAccess

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