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Preparing For Pandemics: Lessons From The Global Financial Crisis And Covid-19

Author : David Longworth
Publisher : World Scientific
Page : 196 pages
File Size : 35,47 MB
Release : 2022-06-08
Category : Political Science
ISBN : 9811255946

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In far too many cases, recommendations of forensic reports on previous pandemics were ignored. Substantial weaknesses in the preparation by public health authorities and governments increased the health and economic costs of the COVID-19 pandemic relative to what they would have been if pre-existing recommendations had been followed and a wider set of plans had been put into place. We discuss parallels between the lack of preparation of financial system regulators prior to the global financial crisis and the lack of preparation by public health authorities and governments prior to COVID-19. These parallels relate to: required stocks (of capital or equipment), data collection and sharing, lending facilities, stress testing and war games, early warning indicators and systems, contagion from abroad, operational risks, a system-wide approach (including effects on the real economy), models incorporating the heterogeneity of individuals, and effects on less-regulated parts of the system. The recent COVID-19 crisis has demonstrated that, apart from the direct economic consequences from illness and death from the virus, the main costs have been due to the varying degrees of preventative measures taken by the public, firms, and governments that directly impacted health, as well as social, economic, and financial activity. We make recommendations for carrying out post mortems on the COVID-19 experience, planning for future pandemics, and establishing transparent and accountable governance systems. We then propose the use of regular, combined health, economic, and financial stress tests and exercises/war games in preparing for future pandemics and other major environmental shocks.

Improving Pandemic Preparedness

Author : Thomas Bollyky
Publisher : Council on Foreign Relations Press
Page : 154 pages
File Size : 37,60 MB
Release : 2020-10-08
Category :
ISBN : 9780876092644

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The United States and the world were unprepared for the COVID-19 pandemic, despite decades of warnings highlighting the inevitability of global pandemics and the need for international coordination. The failure to prioritize and adequately fund preparedness and effectively implement response plans has exacted a heavy human and economic price, and the crisis is not yet over. Emerging and reemerging infectious diseases are a threat to global and national security that neither the United States nor the world can afford to ignore. This Task Force proposes a comprehensive strategy that includes institutional reforms and policy innovations to help the United States and the multilateral system perform better in this crisis and when the next one emerges. Without increased U.S. leadership on and adequate investment in pandemic preparedness and response, the United States and the world will remain unnecessarily vulnerable to epidemic threats. The Council on Foreign Relations sponsors Independent Task Forces to assess issues of current and critical importance to U.S. foreign policy and provide policymakers with concrete judgments and recommendations. Diverse in backgrounds and perspectives, Task Force members aim to reach a meaningful consensus on policy through private deliberations. Once launched, Task Forces are independent of CFR and are solely responsible for the content of their reports. Task Force members are asked to join a consensus signifying that they endorse the general policy thrust and judgments reached by the group, though not necessarily every finding and recommendation. Each Task Force member also has the option of putting forward an additional or a dissenting view.

Research on Pandemics

Author : Yezhou Sha
Publisher : Routledge
Page : 306 pages
File Size : 46,10 MB
Release : 2021-11-24
Category : Business & Economics
ISBN : 1000483614

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The lasting turmoil associated with the unprecedented pandemic, triggered by the novel corona virus COVID-19, has dragged the world into a mud of uncertainty. Fiscal stimulation, interest rate cuts, global supply-chain redeployment, "pandemic bond" and circuit breakers kicked in and the world is responding to this great challenge. But how can finance and economic research help the world under such circumstances? This book dwells on this new area of research and tries to understand how pandemics impact the economic and financial ecosystem of both emerging and advanced economies. Lessons learnt from the experience of previous pandemics maybe presented and discussed through drawing on policy lessons to date. By gathering research on political economy, geopolitical issues, behavioral finance, international institutional responses and medical and health issues resulting from pandemics, the chapters in this edited volume help in expanding the knowledge of social and economic consequences of the pandemic as well as set the foundation for future research. This book would benefit scholars, policy makers and entrepreneurs worldwide as a valuable archive of research on pandemics. The chapters in this book were originally published as a special issue of Emerging Markets Finance and Trade.

Pandemic Influenza Preparedness and Response

Author : World Health Organization
Publisher : World Health Organization
Page : 62 pages
File Size : 39,46 MB
Release : 2009
Category : Medical
ISBN : 9241547685

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This guidance is an update of WHO global influenza preparedness plan: the role of WHO and recommendations for national measures before and during pandemics, published March 2005 (WHO/CDS/CSR/GIP/2005.5).

Community, Economy and COVID-19

Author : Clifford J. Shultz, II
Publisher : Springer Nature
Page : 667 pages
File Size : 19,62 MB
Release : 2022-08-23
Category : Social Science
ISBN : 3030981525

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This volume explores the impact of the COVID-19 pandemic on the health, safety, and socioeconomic well-being of community residents of selected countries around the world. It is built on an overarching framework of studying community well-being, applied here to the analyses of one of the most significant crises of our time. Most important are the lessons learned from the experiences in these countries – including insights and recommendations on how to mitigate future pandemics. Building on years of research, each chapter is written by an accomplished scholar with interests and expertise on various assessments of community well-being development in the country of study. The authors share cases and analyses, and highlight failures and successes; they offer sound policy recommendations on how to restore the health, safety, and multidimensional wellness of community residents, and how to decrease the likelihood and impact of future crises. Some of the policy recommendations in this multi-country compendium can be used to assist crisis prevention and recovery, beyond pandemics. The volume shows how the lessons learned and shared from community responses to the pandemic can provide critical and useful policy insights to shape best practices in mitigating other disasters like hurricanes, floods, earthquakes, tornadoes, wars, riots, acts of domestic and international terrorism, weapons of mass destruction and industrial accidents. This is a must-read for researchers across the social sciences, health sciences, and management studies, and for government and non-government professionals involved in community health and well-being.

The Next Pandemic

Author : Manuel Degreat
Publisher : Independently Published
Page : 0 pages
File Size : 34,13 MB
Release : 2023-07
Category :
ISBN :

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The COVID-19 pandemic has had a profound impact on our world, and "Getting Ready for The Next Pandemic: Lessons from the Global Crisis" seeks to explore the lessons we have learned from this challenging experience. The goal is to gather valuable insights and provide guidance on how we can build a more resilient and compassionate future. By reflecting on the lessons learned, promoting unity, and making positive changes, we can emerge stronger from the pandemic and be better prepared to face future challenges.

The Great Lockdown

Author : Shivaji Das
Publisher : John Wiley & Sons
Page : 288 pages
File Size : 32,64 MB
Release : 2021-11-18
Category : Business & Economics
ISBN : 1119810434

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A collection of insider accounts describing the organizational impact of COVID-19 In The Great Lockdown: Lessons Learned During the Pandemic from Organizations Around the Globe, expert strategists Shivaji Das, Aroop Zutshi , and Janesh Janardhanan deliver an insightful exploration of this once-in-a-lifetime event to unearth invaluable learnings for the future. Told through the experiences of CXOs at billion-dollar companies, star start-ups, and non-profits from around the world, the book chronicles the ups and downs of sophisticated organizations as they navigated the COVID-19 crisis through initiatives impacting people, processes, and technology. Revealing case studies contributed by the CXOs of companies spanning multiple geographies - from the USA to Iran, Uganda to Hong Kong, and multiple sectors – social media, technology, aviation, luxury retail, healthcare, etc. Incisive analyses of the techniques and strategies that worked—or didn’t—for organizations during the COVID-19 pandemic, covering the role and evolution of leadership, organizational culture, innovation and digitization Practical guidance for business leaders to apply to their own firms in times of great economic upheaval: the next pandemic, climate disasters, cyber-attacks The leaders contributing their organization's survival and revival stories include those from Julius Baer, SAP, Terumo, IndiGrid, Tapsi, Fonterra, Hornet Networks, Globalization Partners, beCuriou, GoGoX, Abacus Pharma, Real Wear Inc, SOS Children's Villages, Bangalore International Airport, and A Lange & Sohne. Perfect for executives, managers, and other business leaders, The Great Lockdown is an invaluable addition to the libraries of anyone interested in case studies of corporate resilience and endurance in the face of unprecedented economic challenges.

How to Manage and Survive during a Global Crisis

Author : Piyush Sharma
Publisher : Taylor & Francis
Page : 206 pages
File Size : 34,69 MB
Release : 2024-07-26
Category : Business & Economics
ISBN : 1040052010

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Sharma and Leung explore the differences in the national and organizational responses to COVID-19 across various countries. The COVID-19 global pandemic is possibly the worst healthcare disaster ever, and recent studies highlight several differences in the response to COVID-19. Some countries acted quickly with strict measures to successfully contain the initial spread of the COVID-19 and minimize the number of cases and deaths, while others have not been as proactive and have suffered more as a result. The book is organized under distinct themes based on the stages of the COVID-19 pandemic, consisting of (a) discovery and early response, (b) global spread and reactions, (c) early successes and failures, and (d) subsequent waves and new strains. It goes on to analyze the differences in national responses to draw important lessons for managers and governments and concludes with policy recommendations. A useful guide for students, managers, and the general public who are interested in learning about the COVID-19 experience and how such global crises could be managed more effectively in future.

Pandemic Economics

Author : Peter A.G. van Bergeijk
Publisher : Edward Elgar Publishing
Page : 224 pages
File Size : 48,86 MB
Release : 2021-03-26
Category : Business & Economics
ISBN : 1800379978

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Discussing the Spanish Flu, HIV/AIDs, SARS and Ebola against the background of Covid-19, Pandemic Economics demonstrates how scientists consistently warned the world about pandemics, and how, despite this, the possibility of global lockdown caused unprecedented economic policies and ruin. The book prepares for the next pandemic, that unquestionably will arrive, the impact of which is predicted to potentially exceed that of the current Covid-19 wreckage.

Economic Policy for a Pandemic Age

Author : Monica de Bolle
Publisher : Peterson Institute for International Economics
Page : 149 pages
File Size : 44,84 MB
Release : 2021-04-05
Category : Business & Economics
ISBN : 0881327425

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The global health and economic threats from the COVID-19 pandemic are not yet behind us. While the development of multiple safe and highly effective vaccines in less than a year is cause for hope, several significant dangers to recovery of global health and income are still clear and present: New concerning variants of SARS-CoV-2, the virus that causes COVID-19, continue to emerge at an alarming rate in different parts of the world; at the same time, vaccine rollouts have been shockingly inefficient even in some rich countries, while much of the developing world waits in line behind them for vaccines to arrive. The Briefing covers several policy areas in which cooperative forward-looking policy action will materially improve our chances of truly escaping today's pandemic and making future pandemics less costly.