Globalization and Pandemics: The Case of COVID-19

9 Pages Posted: 26 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

Alam Khan

KUST

Date Written: March 25, 2020

Abstract

This paper analyzes the impact of Globalization as one of the main reasons of the fast spread of Wuhan-COVID-2019 worldwide. We divided globalization 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 and Khan, Alam, Globalization and Pandemics: The Case of COVID-19 (March 25, 2020). Available at SSRN: https://ssrn.com/abstract=3560681 or http://dx.doi.org/10.2139/ssrn.3560681

Mario Arturo Ruiz Estrada (Contact Author)

Econographication Virtual Laboratory (EVL) ( email )

Kuala Lumpur
Malaysia
+60126850293 (Phone)
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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
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HOME PAGE: http://www.usac.edu.gt

Alam Khan

KUST ( email )

Department of Economics Kohat University of Scienc
Kohat, Khyber Pakhtunkhwa 26000
Pakistan

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