Contents of the volume

2020, Volume 73 - Issue 4

ISSN: 2499-8265
RSS feed citation: At RePEc
Publication date: 19 November 2020

THE PUBLISHER'S ADDRESS

Luigi Attanasio

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THE PROSPECTS FOR INTERNATIONAL ECONOMIC RELATIONS FOLLOWING THE COVID19 EMERGENCY

Elena Seghezza

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UNITED STATES-CHINA TRADE WAR AND THE EMERGENCE OF GLOBAL COVID-19 PANDEMIC

Oluwole Owoye, Olugbenga A. ONAFOWORA

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WHEN THE CONTAGION EFFECT WENT LIVE: THE FIRST RESPONSES TO THE COVID-19 PANDEMIC

Lorenzo Esposito, Giuseppe Mastromatteo

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COVID-19: A PERSPECTIVE FOR THE ITALIAN HEALTH SERVICE

Giuseppe Profiti

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THE IDES OF MARCH. DID ITALIAN COVID-19 CRISIS FUEL US ECONOMIC POLICY UNCERTAINTY?

Georgios Garafas, Dimitrios DIMITRIOU

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THE IMPACT OF CORONAVIRUS AND THE POLICIES NEEDED

Nicola Acocella

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Genoa Chamber of Commerce
Economia Internazionale / International Economics

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Corresponding author

Nicola ACOCELLA, University La Sapienza, Department of Public Economics, Rome, Italy

The Impact of Coronavirus and the Policies Needed

Pages

525-542

Abstract

The pandemic will have many consequences, all the more important and heavier as it will prolong and it is sad to note that its length depends also on the tendency of large pharmaceutical firms to privatize the results of their research, not sharing them, in order to safeguard their patents. Apart from suspension – or some form of attenuation – of patents on these essential drugs, a policy aiming at an increased cooperation in the research of antidotes could be offered by a common pool of resources between the main countries.

The consequences of the pandemic will vary from those of an economic nature, on the levels and distribution of income between people and countries, to those of a social and political nature. In addition, one should note that the pandemic will influence the set-up of economic and political international cooperation, confirming or aggravating the protectionist tendency of the recent years.

JEL classification

D02, D43, E62, F42, F45

Keywords

Supply Policies, Demand Policies, European Solutions, Solutions at a World Level

Index

  1. The impact up to now
  2. Forecasts on the length and intensity of the impact

  3. The double nature of the shock: both a supply and demand shock

  4. The policies needed: supply policies

  5. Policies needed: demand policies

  6. The solutions at a European level

  7. Problems and solutions at a world level

  8. Conclusions

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