COVID-19 risk governance: drivers, responses and lessons to be learned
Aengus Collins,
Marie-Valentine Florin and
Ortwin Renn
Journal of Risk Research, 2020, vol. 23, issue 7-8, 1073-1082
Abstract:
The COVID-19 outbreak was neither unpredictable nor unforeseen, yet it blind-sided policymakers when it emerged, leading to unprecedented global restrictions on human activity and almost certainly triggering the first global economic contraction since WWII. This paper considers the key factors in the eruption of the crisis, as well as the lessons that should be learned from it. The paper begins with an outline of COVID-19’s spread, highlighting six key drivers that have determined its severity: the exponential pace of transmission, global interconnectedness, health-sector capacity, wider state capacity, the economic impact of suppression measures, and fragilities caused by the 2008 financial crisis. The paper then proceeds by considering the steps that have been taken in response to five key challenges, corresponding to elements of the IRGC risk governance framework: technical assessment, risk perception, evaluation, management and communication. While acknowledging that only tentative conclusions can be drawn at this early stage, the paper ends with a series of ten recommendations designed to increase preparedness for future crises.
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (14)
Downloads: (external link)
http://hdl.handle.net/10.1080/13669877.2020.1760332 (text/html)
Access to full text is restricted to subscribers.
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:taf:jriskr:v:23:y:2020:i:7-8:p:1073-1082
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RJRR20
DOI: 10.1080/13669877.2020.1760332
Access Statistics for this article
Journal of Risk Research is currently edited by Bryan MacGregor
More articles in Journal of Risk Research from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().