Monthly archives: June 2021

4 posts

Surge in cash demand

Jonathan Ashworth, Charles Goodhart: Coronavirus panic fuels a surge in cash demand, in: VOX, CEPR Policy Portal, online in:https://voxeu.org/article/coronavirus-panic-fuels-surge-cash-demand, July 17, 2020. Despite regular reports in the media over the past decade on the imminent death of cash amid rapid innovation in payment technologies, cash in circulation has actually been growing strongly in many countries. Perhaps unsurprisingly given coronavirus-related health concerns, there have recently been renewed calls to abandon cash and some observers have argued the virus will accelerate its demise.

Socio-economic impact of pandemics in Africa

Dirk Kohnert: On the socio-economic impact of pandemics in Africa : Lessons learned from COVID-19, Trypanosomiasis, HIV, Yellow Fever and Cholera (May 2021). Throughout history, nothing has killed more human beings than infectious diseases. Although, death rates from pandemics dropped globally by about 0.8 % per year, all the way through the 20th century, the number of new infectious diseases like SARS, HIV and Covid-19 increased by nearly fourfold over the past century. In Africa, there were reported a total of 4,522,489 confirmed COVID-19 cases and 119,816 death, as of 23 April 2021.

Epidemics in modern economies

Torsten Heinrich: Epidemics in modern economies, in: arXiv:2105.02387v2 [econ.GN] (May 13, 2021). How are economies in a modern age impacted by epidemics? In what ways is economic life disrupted? How can pandemics be modeled? What can be done to mitigate and manage the danger? Does the threat of pandemics increase or decrease in the modern world? The Covid-19 pandemic has demonstrated the importance of these questions and the potential of complex systems science to provide answers. This article offers a broad overview of the history of pandemics, of established facts, and of models of infection diffusion, mitigation strategies, and economic […]

The impact of past pandemics on economic and gender inequalities.

Michal Brzezinski: The Impact of Past Pandemics on Economic and Gender Inequalities, in: medRxiv 2021.04.28.21256239 (May 2021); doi: https://doi.org/10.1101/2021.04.28.21256239. In this paper Michal Brzezinski estimates how previous major pandemic events affected economic and gender inequalities in the short- to medium run. He considers the impact of six major pandemic episodes – H3N2 Flu (1968), SARS (2003), H1N1 Swine Flu (2009), MERS (2012), Ebola (2014), and Zika (2016) – on cross-country inequalities in a sample of up to 180 countries observed over 1950-2019.