Is Globalization Responsible of the Wuhan-COVID-19 Worldwide Crisis?

9 Pages Posted: 10 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 10, 2020

Abstract

This paper analyzes the impact of Globalization as in the main reason of the fast spread of Wuhan-COVID-2019 worldwide. We divided into three large pillars how Globalization works worldwide followed by:

(a.) the institutional, legal, and political approach of Globalization;

(b.) the massive transportations systems and the development of information communication technologies (ICT’s);

(c.) the free trade liberalization and labor mobility.

Hence, the main objective of this research is to show that Globalization is the major responsible of the fast and unstoppable spread of Wuhan-COVID-2019 globally. Finally, the same research suggests a deep reform of Globalization to avoid again any massive contagious epidemic diseases to reduce its impact economically and socially.

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

JEL Classification: I15, I18

Suggested Citation

Ruiz Estrada, Mario Arturo, Is Globalization Responsible of the Wuhan-COVID-19 Worldwide Crisis? (March 10, 2020). Available at SSRN: https://ssrn.com/abstract=3551944 or http://dx.doi.org/10.2139/ssrn.3551944

Mario Arturo Ruiz Estrada (Contact Author)

Econographication Virtual Laboratory (EVL) ( email )

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

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

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Guatemala City, Guatemala city 01012
Guatemala
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HOME PAGE: http://www.usac.edu.gt

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