Economic and Political Consequences of the Coronavirus Pandemic in the US
The coronavirus or covid pandemic is the most significant health crisis to affect the world since the Great Influenza or Spanish flu of 1918-20. But it is not just a health crisis. Because the coronavirus is so contagious and so deadly, it has turned into a worldwide economic crisis as countries shut down their economies to protect their citizens, and people decided to stay at home rather than to go outside and spend money.
This webinar will look at the coronavirus pandemic experiences, and the policy responses to the pandemic, in the US. It will focus on the economic, health, political and socio-economic consequences of the 2020-21 coronavirus pandemic from the perspective of the US. As different countries have had different experiences, and employed different policies to deal with this health crisis (with different results), we will make comparisons between the US and other developed nations.
In this webinar we will focus on the Economic and Political Consequences of the Coronavirus Pandemic in the US.
Steven Pressman and Robert Scott will start by focusing on the main economic consequences of the coronavirus pandemic - how it affected economic growth, unemployment, poverty, food insecurity and labor force participation. They will also talk about rising government debt and rising inequality as economic consequences of the coronavirus pandemic.
Then they will move on to talk about some of the political consequences of the pandemic. On the one hand, this includes the possibility of major policy changes that may impact the US for years to come in a positive way. On the other hand, this includes attempts to politicize a health crisis (including denying that the crisis exists, mask rebellion and vaccine skepticism) that may impact the US for years to come in a negative way.
Finally, the webinar will conclude with some speculation about what will come next for the US. This includes some long-run behavioral responses (such as labor supply decisions and changes in the nature of work) as well as policy changes and economic changes due to the end of policies that were enacted in order to reduce the human damage from the health crisis.
This webtalk is made possible thanks to the generous support of the American people through the U.S. Agency for International Development. By managin overseas assistance programmes, USAID provides economic and humanitarian assistance in more than 100 countries around the world.
The contents of this secton are the responsibility of VIS and do not necessarily reflect the view of USAID or the governemnt of the U.S.
Date: October 5, 2021
Time: 4:00 - 5:00 PM CEST
Format: Second of two webinars
Registration: free access (pre-registration required). CLICK HERE to sign up.
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