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COVID-19 Pandemic, Unsustainable Globalization, and IPR Regime: Identifying the Critical Factors for Spread of COVID-19 Virus

In: Economics and Policy of Energy and Environmental Sustainability

Author

Listed:
  • Anshuman Gupta

    (RIS for Developing Countries)

  • Ajay Jha

    (Jaipuria Institute of Management)

  • Nandita Gupta

    (University of Zurich)

Abstract

COVID-19, a zoonotic disease, is a consequence of pursuing excessive consumerism-based neo-liberal policies, which has led to inordinate deforestation, loss of bio-diversity, and climate change. It has resulted in frequent contact between animals and humans and thus to the transfer of pathogens onto us. Pursuing hyper-globalization is also a part of the neo-liberal philosophy, which has helped in spreading the virus from Wuhan City of China to other countries across globe, especially in initial stages of first wave. The present Intellectual Property Rights (IPR) regime also seems to be incapable of dealing with this crisis. The present paper, by drawing lessons from earlier pandemics and current one with using available literature, attempts to establish the role of pursuing unsustainable globalization along with identifying other factors responsible for the spread of virus during the first, second, and third stages of first wave, and subsequent waves. It also carries out the regression analysis to establish the role globalization in spreading virus in the initial stages.

Suggested Citation

  • Anshuman Gupta & Ajay Jha & Nandita Gupta, 2022. "COVID-19 Pandemic, Unsustainable Globalization, and IPR Regime: Identifying the Critical Factors for Spread of COVID-19 Virus," Springer Books, in: Narendra N. Dalei & Anshuman Gupta (ed.), Economics and Policy of Energy and Environmental Sustainability, pages 195-214, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-5061-2_10
    DOI: 10.1007/978-981-19-5061-2_10
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