Covid-19 and Global ‘At-Risk Community’: From Benefit-Sharing to Risk-Sharing of Economic Crisis

Автор: Irshad, S. Mohammed - подписаться на статьи автора
Журнал: Journal of Globalization Studies. Volume 11, Number 2 / November 2020 - подписаться на статьи журнала

DOI: https://doi.org/10.30884/jogs/2020.02.10

Covid-19 has created a global economic and public health crisis. The risk spread from China to the rest of the world through the institutions and practices of globalization. The global market economy has proved its institutional inability to share the risk of production crisis. Covid-19 formed a global ‘at-risk community’ beyond the national boundaries. This ‘at-risk community’ became
a divisive force in determining the extent of economic crisis and the nation-state is more vulnerable to engage with the newly formed ‘at-risk community’.

Keyword: at-risk community, Covid-19, economic recession, globalization, and risk-sharing.

S. Mohammed Irshad, Jamsetji Tata School of Disaster Studies more