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Globalization, Environmental Damage and the Corona Pandemic – Lessons from the Crisis for Economic, Environmental and Social Policy

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  • Blum, Bianca
  • Neumärker, Bernhard

Abstract

The rapidly expanding corona pandemic in 2020 has largely brought the world to an economic stagnation. The impact on the environment, especially on air quality, from almost suspended air traffic, idle industry and economic lockdown is enormous, but also the economic and social consequences of the crisis. This state of stagnation hardly appears to be economically and socially sustainable. However, we should ask ourselves right now what we can learn from the situation in order to question globalization, better intercept future comparable crisis situations and take the step towards more sustainable development on an ecological, economic and social basis. The paper identifies the areas of externality management to improve environmental quality, digitalization and network expansion as well as basic income as central concepts that need to be addressed in and after the crisis. Concrete concepts are suggested and discussed at the end of the paper.

Suggested Citation

  • Blum, Bianca & Neumärker, Bernhard, 2020. "Globalization, Environmental Damage and the Corona Pandemic – Lessons from the Crisis for Economic, Environmental and Social Policy," FRIBIS Discussion Paper Series 02-2020 EN, University of Freiburg, Freiburg Institute for Basic Income Studies (FRIBIS).
    • Handle: RePEc:zbw:fribis:022020en
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    References listed on IDEAS

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    3. Qiangyu Lu, 2020. "It Is What It Is," Economy and Social Inclusion, in: William P. Alford & Mei Liao & Fengming Cui (ed.), An Oral History of the Special Olympics in China Volume 3, pages 69-93, Springer.
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    Cited by:

    1. Wolfgang Brozek & Christof Falkenberg, 2021. "Industrial Animal Farming and Zoonotic Risk: COVID-19 as a Gateway to Sustainable Change? A Scoping Study," Sustainability, MDPI, vol. 13(16), pages 1-30, August.

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    More about this item

    Keywords

    corona crisis management; basic income; environmental politics; pandemics; globalization; public policy;
    All these keywords.

    JEL classification:

    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs

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