Journals / Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2020 / Cilt: 13 - Sayı: 4

STRUGGLING THE PANDEMIC CRISES AS AGLOBAL PUBLIC GOODTHE ECONOMIC IMPLICATIONS OF PANDEMICS

KÜRESEL KAMUSAL BİR MAL OLARAK SALGIN HASTALIK KRİZLERİYLE MÜCADELEKÜRESEL SALGINLARIN EKONOMİK ETKİLERİ

Pages
758–775
Publication Date
2022-10-19
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

This paper attempts to explain the whole story of the pandemicsand their economic implications by giving examples from literature.Main finding resulted from the paperswritten on this issueisthatpandemics exacerbate the national economiesthrough different channels.Developed and developing countries should take the pandemicsinto account as a regressive power or obstacle infront of economic growth and stability of state budgets,strongly collaborate against pandemicas a naturel disaster, support their healthcare systems andbe ready for these kindsofdisasters

📌 3 Key Takeaways

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Objective & Hypothesis:Public goods which have the featuresof nonrivalry in consumption and nonexcludability have positive externalaties spreading the large masses, and also cover negative externalaties (public bads) not to damage the environment, health and so on.Cross-border spillover effects of externalaties actually makethe public goodsconvertto global public goods.
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Key Findings & Data:Governments employ a balance between the increasein spread of disease and mortality, and economic stability.
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Conclusion & Impact:This paper attempts to explain the whole story of the pandemicsand their economic implications by giving examples from literature.Main finding resulted from the paperswritten on this issueisthatpandemics exacerbate the national economiesthrough different channels.Developed and developing countries should take the pandemicsinto account as a regressive power or obstacle infront of economic growth and stability of state budgets,strongly collaborate against pandemicas a naturel disaster, support their healthcare systems andbe ready for these kindsofdisasters
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

Public goods which have the featuresof nonrivalry in consumption and nonexcludability have positive externalaties spreading the large masses, and also cover negative externalaties (public bads) not to damage the environment, health and so on.Cross-border spillover effects of externalaties actually makethe public goodsconvertto global public goods. In this sense, struggling the pandemics is a most crucial global public goodwhich doesnot only impacthuman life butalso preventsthe collapse of national economies. Pandemics slow the pace ofeconomic growth as well asincreasing theloss of workforce. Governments employ a balance between the increasein spread of disease and mortality, and economic stability. This paper attempts to explain the whole story of the pandemicsand their economic implications by giving examples from literature.Main finding resulted from the paperswritten on this issueisthatpandemics exacerbate the national economiesthrough different channels.Developed and developing countries should take the pandemicsinto account as a regressive power or obstacle infront of economic growth and stability of state budgets,strongly collaborate against pandemicas a naturel disaster, support their healthcare systems andbe ready for these kindsofdisasters

Özet

Kamusal malların (public goods)özelliği tüketimde rekabetin olmaması ve tüketimden dışlanamamadır.Kamusal mallarda pozitif dışsallıklar geniş kitlelere yayılmakla birlikte genellikle çevre ve sağlık gibi alanlarda ortaya çıkan negatif dışsallıkların (kamusal kötüler) içselleştirilmesiyle de gündeme gelmektedirler.Dışsallıkların ulusal sınırları aşan etkisi kamusal malları küresel kamusal mallara dönüştürmektedir. Bu bağlamda,salgın hastalıklarla(pandemics)mücadele sadece insan hayatını korumakla kalmayanaynı zamanda ulusalekonomilerin yıkımını da önleyen küresel kamusal bir maldır. Salgın hastalıklar neticesinde işgücü kaybıyla birlikte ekonomik büyüme hızı da yavaşlamaktadır. Ulusal devletler, hastalığın yayılması ve ölüm oranlarının artmasıyla ekonomilerin istikrarı arasında denge kurmaya çalışmaktadır. Bu çalışma,salgın hastalıkların kısa tarihini ve bu hastalıkların ekonomik etkilerini literatürden örnekler vererek açıklamayı amaçlamaktadır.Gelişmiş ve gelişmekte olan ülkeler salgın hastalıklarıekonomik büyüme denklemindedikkate almalıve bütçelerini buna göre düzenlemeli, salgın hastalıklar gibi doğal afetler karşısındadaha güçlü bir işbirliğine gitmeli, sağlık sistemlerini güçlendirmeli ve bu tür afetlere karşıhazırlıklı olmalıdırlar

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Cite This Article

GÜLER, H. (2022). STRUGGLING THE PANDEMIC CRISES AS AGLOBAL PUBLIC GOODTHE ECONOMIC IMPLICATIONS OF PANDEMICS. Ömer Halisdemir Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 13 - Sayı: 4, 758–775. https://ajindex.com/articles/586538

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