An Introduction to the Massive Infection Epidemic Diseases Economic Losses Tariff (Miedel-Tariff): The Case of Wuhan-COVID-19

5 Pages Posted: 12 Mar 2020

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

Econographication Virtual Laboratory (EVL); Universidad de San Carlos de Guatemala - Facultad de Ciencias Economicas

Date Written: March 11, 2020

Abstract

The damage of Wuhan-COVID-19 from China to the rest of the world economy is costly and countless. The levels of Wuhan-COVID-19 contagious and death cases are increasing exponentially worldwide. Therefore, this document proposes a new form of compensation (or payoff) from China to all countries affected by Wuhan-COVID-19 around the world. This new form of compensation system can help to solve partially the deep damage of Wuhan-COVID-19 through the application of a tariff to all Chinese products and services. This new tariff is entitled "The Massive Infection Epidemic Diseases Economic Losses Tariff (MIEDEL-Tariff).” The idea is to apply the MIEDEL-Tariff to all products and services made in China. This new compensation system can help to solve the economic losses of all countries around the world affected directly and indirectly from the Wuhan-COVID-19.

Keywords: Globalization, Contagious Diseases, Tariff, China, 2019-nCopV, Policy Modeling

JEL Classification: F15

Suggested Citation

Ruiz Estrada, Mario Arturo, An Introduction to the Massive Infection Epidemic Diseases Economic Losses Tariff (Miedel-Tariff): The Case of Wuhan-COVID-19 (March 11, 2020). Available at SSRN: https://ssrn.com/abstract=3552711 or http://dx.doi.org/10.2139/ssrn.3552711

Mario Arturo Ruiz Estrada (Contact Author)

Econographication Virtual Laboratory (EVL) ( email )

Kuala Lumpur
Malaysia
+60126850293 (Phone)
0 (Fax)

HOME PAGE: http://www.econographication.com

Universidad de San Carlos de Guatemala - Facultad de Ciencias Economicas ( email )

Ciudad Universitaria Zona 12
Guatemala City, Guatemala city 01012
Guatemala
0 (Phone)
0 (Fax)

HOME PAGE: http://www.usac.edu.gt

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
128
Abstract Views
1,620
Rank
402,244
PlumX Metrics