Economic freedom, pandemics, and robust political economy

Candela, Rosolino A.; Geloso, Vincent

doi:10.1002/soej.12489

Cited by 37 publications

(17 citation statements)

References 62 publications

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“…A pandemic changes the demand for certain goods and services, such as personal protection equipment, vaccine investigations, hospital ventilation systems, food delivery, and so on. As a result, consumers’ optimal consumption bundles change, requiring the quantity supplied of such goods to adjust (Candela & Geloso, 2021 ). Although decreasing the cost was the primary goal of distribution networks in general, organizations are accountable for the wellness and safety of all workers and the general public (Devika et al, 2014 ).…”

Section: Research Backgroundmentioning

confidence: 99%

Prioritization of healthcare systems during pandemics using Cronbach’s measure based fuzzy WASPAS approach

et al. 2022

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Pandemics are well-known as epidemics that spread globally and cause many illnesses and mortality. Because of globalization, the accelerated occurrence and circulation of new microbes, the infection has emerged and the incidence and movement of new microbes have sped up. Using technological devices to minimize the visit durations, specifying days for handling chronic diseases, subsidy for the staff are the alternatives that can help prevent healthcare systems from collapsing during pandemics. The study aims to define the efficient usage of optimization tools during pandemics to prevent healthcare systems from collapsing. In this study, a new integrated framework with fuzzy information is developed, which attempts to prioritize these alternatives for policymakers. First, rating data are assigned respective fuzzy values using the standard singleton grades. Later, criteria weights are determined by extending Cronbach´s measure to fuzzy context. The measure not only understands data consistency comprehensively, but also takes into consideration the attitudinal characteristics of experts. By this approach, a rational weight vector is obtained for decision-making. Further, an improved Weighted Aggregated Sum Product Assessment (WASPAS) algorithm is put forward for ranking alternatives, which is flexibly considering criteria along with personalized ordering and holistic ordering alternatives. The usefulness of the developed framework is tested with the help of a real case study. Rank values of alternatives when unbiased weights are used is given by 0.741, 0.582, 0.640 with ordering as $$R_{1} \succ R_{3} \succ R_{2}$$ R 1 ≻ R 3 ≻ R 2 . The sensitivity/comparative analysis reveals the impact of the proposed model as useful in selecting the best alternative for the healthcare systems during pandemics.

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Section: Research Backgroundmentioning

confidence: 99%

Prioritization of healthcare systems during pandemics using Cronbach’s measure based fuzzy WASPAS approach

et al. 2022

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“…6 The nineteenth century is replete with a string of epidemics and pandemics (e.g., see Baldwin, 1999). The Great Influenza would prove to be just one more in a series of communicable diseases some of which would spread throughout the world (e.g., see Candela and Geloso 2021). Many were short-lived in economic history terms and any economic analysis likely pushed aside because other, longer lasting events such as wars, attracted relatively more interest.…”

Section: Related Literaturementioning

confidence: 99%

Did the great influenza of 1918–1920 trigger a reversal of the first era of globalization?*

Siklos

2022

Int Econ Econ Policy

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I revisit the 1918–20 pandemic and ask whether it led to a reversal in the rise of trade and financial globalization that preceded it. Using annual data for 17 countries for the 1870–1928 period, a variety of tests and techniques are used to draw some robust conclusions. Overall, the pandemic a century ago interrupted, but did not put an end, to the first globalization of the twentieth century. However, two blocs consisting of combatant and non-combatant countries, experienced significantly different consequences. Globalization was sharply curtailed for the combatant countries while there were few, if any, consequences for globalization in the non-combatant group of countries. That said, there was considerable resilience especially in trade openness among several of the combatant economies. Perhaps changes in the make-up of economic blocs, post-pandemic, is a fallout from shocks of this kind. While there are lessons for the ongoing COVID pandemics differences between the 1920s and today also play a role. Supplementary Information The online version contains supplementary material available at 10.1007/s10368-021-00526-1.

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“…Most importantly, many people faced the threat of unemployment. For this reason, health personnel, scientists, and governments have shown great interest in rapid and accurate detection methods for the prevention and control of the pandemic [ 6 ].…”

Section: Introductionmentioning

confidence: 99%

Lateral flow assays for viruses diagnosis: Up-to-date technology and future prospects

İnce¹,

Sezgintürk²

2022

TrAC Trends in Analytical Chemistry

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Economic freedom, pandemics, and robust political economy

Cited by 37 publications

References 62 publications

Prioritization of healthcare systems during pandemics using Cronbach’s measure based fuzzy WASPAS approach

Prioritization of healthcare systems during pandemics using Cronbach’s measure based fuzzy WASPAS approach

Did the great influenza of 1918–1920 trigger a reversal of the first era of globalization?*

Lateral flow assays for viruses diagnosis: Up-to-date technology and future prospects

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