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Pandemic Analysis II: Governmental Actions During the Pandemic—Lockdown or No Lockdown?

S. Niggol Seo

Chapter Chapter 4 in The Economics of Pandemics, 2022, pp 115-153 from Springer

Abstract: Abstract This chapter explains a series of governmental decisions that are critical in the fight against a pandemic with an analysis of the US governmental decisions during the COVID-19. They are (1) declaring a public health emergency; (2) suspending travels from the origin of the pandemic; (3) social public health measures such as physical distancing and a universal mask mandate; (4) a national lockdown or no lockdown; (5) an economic relief program; (6) an emergency production order of medical devices; (7) an emergency authorization of effective treatment options; and (8) a vaccine development program. The big fault line in governmental decisions during the pandemic is protecting civil liberty versus stopping the virus spread. The experiences in 2020 and 2021 reveal that heavy-handed governmental restrictions did not yield a better health outcome, let alone a better economic outcome.

Keywords: Public health emergency of international concern; Travel suspension; Social protection measures; Lockdown; Economic relief; Defense production act; Emergency use authorizations; Vaccine development; Civil liberty (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-91021-1_4

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DOI: 10.1007/978-3-030-91021-1_4

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