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Pandemic in the network society: Network readiness increases population vulnerability to COVID-19 in less developed countries

Author

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  • Vladimir D. Milovidov

    (Moscow State Institute of International Relations (MGIMO University), School of International Economic Relations, International Finance Department, 76, Prospect Vernadskogo, 119454, Moscow, Russian Federation
    Institute of World Economy and International Relations of Russian Academy of Science, Moscow, Russian Federation)

Abstract

This paper examines the factors which determine the impact of network communication and network connections on the likelihood of contracting the new coronavirus in the European and Latin American countries. The author presents several data sets to prove the following suggestions: 1) The generalized indicators of economic development and society’s globalization are not indicators of how vulnerable a country’s population may be in a pandemic, 2) Not the economy as such, but the conventional way of life of people, their daily behaviour and habits have a decisive influence on the disease spread, 3) Factors of prevention of illness and health promotion such as the habit of exercise, distance, and network communications use modern online services to become protective factors against the risk of infection only at a certain level of development of the country, 4) In the developed countries, a much broader set of factors than in the developing countries determine protection against disease risk, 5) The evolution of a networked society opens up significant opportunities for the developing countries to improve the quality of life, and the emergence of new, progressive traditions.

Suggested Citation

  • Vladimir D. Milovidov, 2021. "Pandemic in the network society: Network readiness increases population vulnerability to COVID-19 in less developed countries," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 71(supplemen), pages 187-203, November.
  • Handle: RePEc:aka:aoecon:v:71:y:2021:i:supplement1:p:187-203
    DOI: 10.1556/032.2021.00035
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    More about this item

    Keywords

    COVID-19; Europe; exponentially scalable events; globalization; information technology;
    All these keywords.

    JEL classification:

    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • F15 - International Economics - - Trade - - - Economic Integration
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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