SINGLE-PUBBLICAZIONE

Special Covid-19 Series, Issue #6

Autore :

Data: 09-04-2020

Tipo: Other

Tematica: Action Institute

This is a series of Specials to provide an overview of the COVID-19 pandemic, approaching it from different perspectives: from medical facts to health policy, from economic policy to macroeconomic issues, from politics to financial markets, from technology to the impact on businesses and more.

 

In this sixth issue you find a selection of papers and articles in three areas: (i) Politics, Institutions and International Politicy, (ii) Macroeconomic Issues and (iii) Technology.

 

 

POLITICS, INSTITUTIONS AND INTERNATIONAL POLICY
“Just because you do not take an interest in politics, it doesn’t mean that politics won’t take an interest in you.”, Pericles.

 

carnegieHow will the Coronavirus reshape democracy and governance globally?” (Carnegie Endowment for International Peace, Frances Z. Brown, Saskia Brechenmacher, Thomas Carothers, April 6, 2020). According to the authors, the pandemic will likely have a transformative impact on the multiple dimensions of democratic politics.

Coronavirus must not destroy an open world economy” (Financial Times, March 27, 2020). The article emphasizes the importance of cooperation among countries by keeping borders open and not closing into a short-sighted protectionism.

carnegieThe Coronavirus is a boon for global propagandists” (Carnegie Endowment for International Peace, Alicia Wanless, April 2, 2020). The author explains how, through a strong propaganda, the Coronavirus might be an excellent opportunity for some political actors to gain consensus.

The next epidemic: Resurgent populism ” (Politico, John Lichfield, April 6, 2020). The article underlines how the pandemic is an excellent source for Sovranism, which is already spreading in some countries.

Coronavirus and the future of democracy in Europe” (Chatham House, Hans Kundnani, March 31, 2020). The author wonders if liberal democracies are able to adequately protect their citizens in the current situation and what the future consequences of their decisions are.

Coronavirus: is Europe losing Italy?” (Financial Times, Miles Johnson, Sam Fleming and Guy Chazan, April 6, 2020). The authors argue that eurosceptic sentiment is increasingly widespread in Italy due to Europe’s difficulty to find a common response to this crisis.

carnegieUS-China coordination missing in action on Coronavirus” (Carnegie, Evan A. Feigenbaum, April 1, 2020).(Carnegie Endowment for International Peace, Evan A. Feigenbaum, April 1, 2020). According to the author, in the past the United States and China managed to cooperate in times of global crisis despite their rivalries, but now they are not even trying.

MACROECONOMIC ISSUES
“Economics has never been a science – and it is even less now than a few years ago.”, Paul Samuelson

 

Former Fed Chair Ben Bernanke weighs in on the economic response to COVID-19” (Brookings, April 7, 2020). In this video, former Federal Reserve Chair Ben Bernanke discusses the economic effects of the Coronavirus pandemic, how governments have responded so far, and what further options are available.

Do not count on a fast global economy bounceback” (Financial Times, Gavyn Davies, April 5, 2020). According to the author, the impact of Coronavirus on the economy is greater than the one caused by other recent epidemics. Therefore, the idea that we will see a rapid economic recovery may not be correct.

 “Rich countries try radical economic policies to counter Covid-19” (The Economist, April 4, 2020). The article argues that, even if it is necessary at this time to proceed with the bailouts, some rules of conduct must be set so that a strong state intervention does not suffocate the free market.

 “What missed rent and mortgage payments mean for the financial system” (The Economist, April 4, 2020). The article explains how Covid19 will impact the financial sector in terms of non-repayment of mortgages and lost leasings. The state will provide guarantees and allow the deferral of payments but sectors such as the retail will enjoy less flexibility.

 

TECHNOLOGY
“Technology is a word that describes something that doesn’t work yet.”, Douglas Adams

 

Why the internet didn’t break” (Brookings, Tom Wheeler, April 2, 2020). The author explains why, despite the increase in residential internet usage during the COVID-19 pandemic, the internet did not crash.

 “Artificial intelligence in the fight against COVID-19” (Bruegel, Georgios Petropoulos, March 23, 2020). The article explains how some applications of artificial intelligence could be used to fight the COVID-19 emergency.

 “Big data versus COVID-19: opportunities and privacy challenges” (Bruegel, J. Scott Marcus, March 23, 2020). The author outlines the risks in using big data against COVID-19, and what policies can mitigate the limitations imposed by these risks.

 “Big tech’s covid-19 opportunity” (The Economist, April 4, 2020). The article explains how tech giants are becoming even more important, by positioning themselves as providers of digital utilities.

Credit

Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.

Herbert Hoover […]

Health

Good health is essential to social and economical development and it empowers all of the public sectors.

World Health Organization […]

Innovation

Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.

Peter Drucker […]

Human Capital

Talent is a source from which water flows constantly renewed. But this source loses its value unless it is properly used.

Ludwig Wittgenstein […]