A Post-Wuhan-COVID-19 Economic Recovery Proposal: The National Domestic Economic Auto-Sustainability Model (NDEAS-Model)
11 Pages Posted: 23 Mar 2020
University of Malaya (UM) - Social Security Research Centre (SSRC); University of Malaya (UM)
Date Written: March 23, 2020
The large damage of Wuhan-COVID-19 on the world economy is forcing us to reconsidering a deep restructuration domestically and internationally in the next few years. This paper suggests a Post-Wuhan-COVID-19 reconstruction model is called “The National Domestic Economic Auto-Sustainability Model (NDEAS-Model).” The NDEAS-Model proposes four economic platforms: (i) the domestic education and technical training standardization platform (P1); (ii) the domestic productive infrastructure and transportation platform (P2); (iii) the strategic selective trade, investment, and tourism protection platform (P3); (iv) the environmental and natural resources management platform (P4). The main objective of NDEAS-Model is to avoid imported massive pandemic diseases, non-sustainable and weak food security platforms, and jobs diversion respectively.
Keywords: Economic Simulation, Massive Pandemics, Wuhan-COVID-19, Policy Modeling, Food Security
JEL Classification: I15, I18
Suggested Citation: Suggested Citation