Prepared, but not Equipped

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Chapter 2 in Pandemic Economics, 2021, pp 15-42 from Edward Elgar Publishing

Abstract: With hindsight the latter part of the post Second World War period probably has been an exceptional blessed period in which mankind has not been confronted with significant global disasters. World Wars were avoided, the major economic crisis (the Great Recession) did not develop into a full-blown depression and natural disasters, by and large, remained local in nature (although their frequency increased due to Global Warming). Future generations will undoubtedly observe that the generations that grew up since the 195s healthwise were extremely lucky. Lucky makes lazy and is a discentive to invest in risk reduction.

Keywords: Business and Management; Development Studies; Economics and Finance; Sociology and Social Policy; General Academic Interest (search for similar items in EconPapers)
Date: 2021
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