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- W4313446239 abstract "The chapter presents an extensive contemplation of the key socioeconomic perspectives on the issue of the pandemic caused by coronavirus of late through developing a theoretical model in line with an open general equilibrium framework comprising tradable and non-tradable sectors in as much as it fits the structural configuration of less-developed economies. The study clearly indicates a wide tailspin in real economic activities in what can be apprehended as an inevitable fallout of the pandemic featuring a rise in unemployment and creating excess capacity, with the brunt being borne by one of the major sectors contributing employment, i.e., construction and real estate, and therefore has adverse implication for the expansion of urbanization process. There is substantial theoretical evidence of burgeoning income inequality, particularly in the form of a widening wage gap between skilled and unskilled workers. Besides, the chapter overhauls the empirical relevance of the aforementioned theoretical consideration although in an indirect manner by correlating the mortality due to COVID with health expenditure and urbanization in light of the cause-and-effect nexus. To make the response more effective and reduce the cost of the crises, strong coordination and cooperation among governments are needed, which will help to enhance governance and build public trust inside and across borders." @default.
- W4313446239 created "2023-01-06" @default.
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- W4313446239 date "2023-01-03" @default.
- W4313446239 modified "2023-10-16" @default.
- W4313446239 title "Some Issues on Health, Urbanization and Wage Inequality in the Aftermath of the Pandemic" @default.
- W4313446239 doi "https://doi.org/10.4324/9781003245797-13" @default.
- W4313446239 hasPublicationYear "2023" @default.
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