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Bianca Blum
Department of Economic Policy and Constitutional Economic Theory, Albert-Ludwigs-Universität Freiburg, 79098 Freiburg, Germany

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Review
Published: 11 June 2021 in World
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The rapidly spreading COVID-19 pandemic in 2020 not only brought many countries in the world to a state of health crisis, but also increasingly drove economic and social crisis. The roots of these crises, however, run far deeper and can be traced to decades of neoliberal political and economic actions and driving forces of globalization. Increasing globalization and liberalization of markets led to the increasing privatization of many public goods while collectivizing risks such as environmental disasters, pandemics and economic crises. This paper presents the context and emergence of these crisis states and derives public policy implications in the areas of externalities management, digitalization, and basic income based on a broad literature review. These key issues need to be addressed both during and after the crisis in order to address the problems of environmental quality and climate change mitigation, as well as rising inequality and injustice for current and future generations.

ACS Style

Bianca Blum; Bernhard Neumärker. Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy. World 2021, 2, 308 -333.

AMA Style

Bianca Blum, Bernhard Neumärker. Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy. World. 2021; 2 (2):308-333.

Chicago/Turabian Style

Bianca Blum; Bernhard Neumärker. 2021. "Lessons from Globalization and the COVID-19 Pandemic for Economic, Environmental and Social Policy." World 2, no. 2: 308-333.