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The societal responses to COVID-19: Evidence from the G7 countries

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  • Katharina Lima de Miranda

    (a Global Cooperation and Social Cohesion, Kiel Institute for the World Economy, 24105 Kiel, Germany;; b Socio Economic Transformation Program, The New Institute, 20354 Hamburg, Germany;; c Global Solutions Initiative, 10969 Berlin, Germany;)

  • Dennis J. Snower

    (b Socio Economic Transformation Program, The New Institute, 20354 Hamburg, Germany;; c Global Solutions Initiative, 10969 Berlin, Germany;; d Hertie School of Governance, 10117 Berlin, Germany;; e Institute for New Economic Thinking, Oxford University, Oxford, OX1 3UQ, United Kingdom;; f Blavatnik School of Government, Oxford University, Oxford, OX2 6GG, United Kingdom;; g Global Economy and Development, The Brookings Institution, Washington, DC 20036)

Abstract

We examine the effects of the pandemic in terms of normative foundations for societal well-being in terms of Solidarity, Agency, GDP, and Environmental Performance. Our findings show that while G7 countries experienced similar qualitative changes in GDP and environmental performance in 2020, they had markedly divergent experiences with respect to Solidarity and Agency. This has potentially important implications for assessing societal well-being beyond GDP and environmental sustainability. Since Solidarity and Agency are amenable to policy influence, our findings suggest that the current preoccupation with economic policies in response to the pandemic may need to be supplemented by solidarity- and agency-enhancing social policies.

Suggested Citation

  • Katharina Lima de Miranda & Dennis J. Snower, 2022. "The societal responses to COVID-19: Evidence from the G7 countries," Proceedings of the National Academy of Sciences, Proceedings of the National Academy of Sciences, vol. 119(25), pages 2117155119-, June.
  • Handle: RePEc:nas:journl:v:119:y:2022:p:e2117155119
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    References listed on IDEAS

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    1. , & Lima de Miranda, Katharina, 2020. "Recoupling Economic and Social Prosperity," CEPR Discussion Papers 14421, C.E.P.R. Discussion Papers.
    2. ,, 2020. "The Socio-Economics of Pandemics Policy," CEPR Discussion Papers 14872, C.E.P.R. Discussion Papers.
    3. Jose Maria Barrero & Nicholas Bloom & Steven J. Davis, 2020. "COVID-19 Is Also a Reallocation Shock," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 51(2 (Summer), pages 329-383.
    4. Snower, Dennis J., 2020. "The Socio-Economics of Pandemics Policy," IZA Policy Papers 162, Institute of Labor Economics (IZA).
    5. Dennis J. Snower, 2020. "The Socio-Economics of Pandemics Policy," CESifo Working Paper Series 8314, CESifo.
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