Why Countries Differ Greatly in the Effects of COVID-19статья
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Дата последнего поиска статьи во внешних источниках: 17 ноября 2021 г.
Аннотация:In some studies, the fall in GDP in the ontext of the COVID-19 pandemic is seen as a kind of payment for the reduction in mortality from this virus. This interpretation of the relationship between changes in GDP and the number of COVID-19 deaths per 100,000 population is one explanation for the
differences in mortality rates between countries. The article examines the
validity of this interpretation of the fall in GDP of many countries in 2020. In addition, several other characteristics of different countries are involved in the scope of their comparison by the effects of COVID-19:Ranking of happiness, Health spending as percent of GDP, Government Response Stringency
Index. As the regression analysis shows, the circumstances included in the review do not fully, but to a large extent, explain the differences between countries in the mortality rate from COVID-19. In contrast to the estimates available in the literature, a weak relationship between the unequal distribution of income in a country and its mortality rate from COVID-19 is shown. The research is based on statistics from thirty countries. The forecast estimates of changes in their GDP, updated by the World Bank in January 2021, are used. The general conclusion of the article is that a strong fall in GDP and high mortality from COVID-19 are the result of a number of countries ' unwillingness to face largescale challenges that disrupt the usual course of events. This situation is very alarming, since the industrial revolution is also one of these challenges.