EconPapers    
Economics at your fingertips  
 

Life before COVID-19: how was the World actually performing?

Salvatore F. Pileggi ()
Additional contact information
Salvatore F. Pileggi: University of Technology Sydney

Quality & Quantity: International Journal of Methodology, 2021, vol. 55, issue 5, No 16, 1888 pages

Abstract: Abstract The COVID-19 pandemic has suddenly and deeply changed our lives in a way comparable with the most traumatic events in history, such as a World war. With millions of people infected around the World and already thousands of deaths, there is still a great uncertainty on the actual evolution of the crisis, as well as on the possible post-crisis scenarios, which depend on a number of key variables and factors (e.g. a treatment, a vaccine or some kind of immunity). Despite the optimism enforced by the positive results recently achieved to produce a vaccine, uncertainty is probably still somehow the predominant feeling. From a more philosophical perspective, the COVID-19 drama is also a kind of stress-test for our global system and, probably, an opportunity to reconsider some aspects underpinning it, as well as its sustainability. In this article we focus on the pre-crisis situation by combining a number of selected global indicators that are likely to represent measures of different aspects of life. How was the World actually performing? We have defined 6 macro-categories and inferred their relevance from different sources. Results show that economic-oriented priorities correspond to positive performances, while all other distributions point to a negative performance. Additionally, balanced and economy-focused distributions of weights propose an optimistic interpretation of performance regardless of the absolute score.

Keywords: Sustainability; Global indicators; Multi-criteria decision analysis (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://link.springer.com/10.1007/s11135-020-01091-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:qualqt:v:55:y:2021:i:5:d:10.1007_s11135-020-01091-6

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11135

DOI: 10.1007/s11135-020-01091-6

Access Statistics for this article

Quality & Quantity: International Journal of Methodology is currently edited by Vittorio Capecchi

More articles in Quality & Quantity: International Journal of Methodology from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-20
Handle: RePEc:spr:qualqt:v:55:y:2021:i:5:d:10.1007_s11135-020-01091-6