Bericht

Pandemic of inequality

The costs of the COVID-19 pandemic - in terms of both the health risks and economic burdens - will be borne disproportionately by the most vulnerable segments of US society. In this public policy brief, Luiza Nassif-Pires, Laura de Lima Xavier, Thomas Masterson, Michalis Nikiforos, and Fernando Rios-Avila demonstrate that the COVID-19 crisis is likely to widen already-worrisome levels of income, racial, and gender inequality in the United States. Minority and low-income populations are more likely to develop severe infections that can lead to hospitalization and death due to COVID-19; they are also more likely to experience job losses and declines in their well-being. The authors argue that our policy response to the COVID-19 crisis must target these unequally shared burdens - and that a failure to mitigate the regressive impact of the crisis will not only be unjust, it will prolong the pandemic and undermine any ensuing economic recovery efforts. As the authors note, we are in danger of falling victim to a vicious cycle: the pandemic and economic lockdown will worsen inequality; and these inequalities exacerbate the spread of the virus, not to mention further weaken the structure of the US economy.

ISBN
978-1-936192-36-6
Language
Englisch

Bibliographic citation
Series: Public Policy Brief ; No. 149

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Pires, Luiza Nassif
Xavier, Laura de Lima
Masterson, Thomas
Nikiforos, Michalis
Rios-Avila, Fernando
Event
Veröffentlichung
(who)
Levy Economics Institute of Bard College
(where)
Annandale-on-Hudson, NY
(when)
2020

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Bericht

Associated

  • Pires, Luiza Nassif
  • Xavier, Laura de Lima
  • Masterson, Thomas
  • Nikiforos, Michalis
  • Rios-Avila, Fernando
  • Levy Economics Institute of Bard College

Time of origin

  • 2020

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