The Coronavirus Pandemic and Inequality: Australia
Vera Brusentsev ()
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Vera Brusentsev: Vassar College
Chapter Chapter 9 in The Coronavirus Pandemic and Inequality, 2023, pp 231-260 from Palgrave Macmillan
Abstract:
Abstract This chapter examines the Australian experience with the coronavirus pandemic. By recognizing that a pandemic is a health crisis that has economic consequences, Australia provided an effective response in assessing the risks of the pandemic, mitigating the potential negative effects, and building resilience. Australia was also able to facilitate a relatively quick economic recovery as policymakers were effective in both containing the pandemic and reducing some of the economic consequences. Australia’s pandemic preparedness and response, however, is also the result of trust: trust in science and public institutions, as well as interpersonal trust. Clear guidance from policymakers about their objectives and future policy changes was responsible for maintaining confidence. Although a well-coordinated pandemic response led to a mild recession and a relatively fast recovery, the effects of the pandemic were uneven.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:pal:gpochp:978-3-031-22219-1_9
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DOI: 10.1007/978-3-031-22219-1_9
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