Globalization, Environmental Damage and the Corona Pandemic – Lessons from the Crisis for Economic, Environmental and Social Policy

Bianca Blum and Bernhard Neumärker

No 02-2020 EN, FRIBIS Discussion Paper Series from University of Freiburg, Freiburg Institute for Basic Income Studies (FRIBIS)

Abstract: The rapidly expanding corona pandemic in 2020 has largely brought the world to an economic stagnation. The impact on the environment, especially on air quality, from almost suspended air traffic, idle industry and economic lockdown is enormous, but also the economic and social consequences of the crisis. This state of stagnation hardly appears to be economically and socially sustainable. However, we should ask ourselves right now what we can learn from the situation in order to question globalization, better intercept future comparable crisis situations and take the step towards more sustainable development on an ecological, economic and social basis. The paper identifies the areas of externality management to improve environmental quality, digitalization and network expansion as well as basic income as central concepts that need to be addressed in and after the crisis. Concrete concepts are suggested and discussed at the end of the paper.

Keywords: corona crisis management; basic income; environmental politics; pandemics; globalization; public policy (search for similar items in EconPapers)
JEL-codes: H12 H23 H53 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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