COVID-19 Pandemic, Unsustainable Globalization, and IPR Regime: Identifying the Critical Factors for Spread of COVID-19 Virus
Anshuman Gupta (),
Ajay Jha and
Nandita Gupta
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Anshuman Gupta: RIS for Developing Countries
Ajay Jha: Jaipuria Institute of Management
Nandita Gupta: University of Zurich
A chapter in Economics and Policy of Energy and Environmental Sustainability, 2022, pp 195-214 from Springer
Abstract:
Abstract COVID-19, a zoonotic disease, is a consequence of pursuing excessive consumerism-based neo-liberal policies, which has led to inordinate deforestation, loss of bio-diversity, and climate change. It has resulted in frequent contact between animals and humans and thus to the transfer of pathogens onto us. Pursuing hyper-globalization is also a part of the neo-liberal philosophy, which has helped in spreading the virus from Wuhan City of China to other countries across globe, especially in initial stages of first wave. The present Intellectual Property Rights (IPR) regime also seems to be incapable of dealing with this crisis. The present paper, by drawing lessons from earlier pandemics and current one with using available literature, attempts to establish the role of pursuing unsustainable globalization along with identifying other factors responsible for the spread of virus during the first, second, and third stages of first wave, and subsequent waves. It also carries out the regression analysis to establish the role globalization in spreading virus in the initial stages.
Keywords: Zoonotic disease; COVID-19; Globalization; Pandemic; IPR regime; Neo-liberal policies (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-5061-2_10
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DOI: 10.1007/978-981-19-5061-2_10
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