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"In far too many cases, recommendations of forensic reports on previous pandemics were ignored. Substantial weaknesses in the preparation by public health authorities and governments increased the health and economic costs of the COVID-19 pandemic relative to what they would have been if...
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Substantial weaknesses in the preparation by public health authorities and governments increased the health and economic costs of the Covid-19 pandemic relative to what they would have been if pre-existing recommendations had been followed and a wider set of plans had been put into place....
Persistent link: https://www.econbiz.de/10012417553
Much has been revealed recently regarding the relative unpreparedness of Public Health Authorities and their governments in many countries. We show that a lack of preparedness for the Covid-19 pandemic resulted from four major types of shortcomings. First, even when there were problems noted in...
Persistent link: https://www.econbiz.de/10012286509
In this paper, we discuss 10 parallels between the lack of preparation of financial system regulators prior to the GFC and the lack of preparation by public health authorities and governments prior to Covid-19. These parallels relate to: required stocks (of capital or equipment), data collection...
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