IDEAS home Printed from https://ideas.repec.org/a/spr/endesu/v23y2021i4d10.1007_s10668-020-00801-2.html
   My bibliography  Save this article

Global assessment of environment, health and economic impact of the novel coronavirus (COVID-19)

Author

Listed:
  • Samuel Asumadu Sarkodie

    (Nord University Business School)

  • Phebe Asantewaa Owusu

    (Nord University Business School)

Abstract

The institution of social distancing and punitive measures to contain the spread of COVID-19 through human-to-human transmission has environmental, health and economic impact. While the global pandemic has led to the enhancement of the health system and decline of emissions, economic development appears deteriorating. Here, we present the global environmental, health and economic dimension of the effect of COVID-19 using qualitative and empirical assessments. We report the health system policies, environmental sustainability issues, and fiscal, monetary and exchange rate measures introduced during lockdown across countries. While air pollution is reported to have declined, municipal and medical waste is increasing. The COVID-19 global pandemic uncertainty ranks the UK as the country with the highest uncertainty level among 143 countries. The USA has introduced 100% of pre-COVID-19 crisis level GDP, the highest policy cut-rate among 162 countries. Science, innovation, research and development underpin COVID-19 containment measures implemented across countries. Our study demonstrates the need for future research to focus on environment-health-economic nexus—a trilemma that has a potential trade-off.

Suggested Citation

  • Samuel Asumadu Sarkodie & Phebe Asantewaa Owusu, 2021. "Global assessment of environment, health and economic impact of the novel coronavirus (COVID-19)," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(4), pages 5005-5015, April.
    • Handle: RePEc:spr:endesu:v:23:y:2021:i:4:d:10.1007_s10668-020-00801-2
    DOI: 10.1007/s10668-020-00801-2
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10668-020-00801-2
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10668-020-00801-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Sneha Gautam & Luc Hens, 2020. "SARS-CoV-2 pandemic in India: what might we expect?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(5), pages 3867-3869, June.
    2. Sneha Gautam & Ujwalkumar Trivedi, 2020. "Global implications of bio-aerosol in pandemic," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(5), pages 3861-3865, June.
    3. Ugo Gentilini & Mohamed Almenfi & Ian Orton & Pamela Dale, 2020. "Social Protection and Jobs Responses to COVID-19," World Bank Publications - Reports 33635, The World Bank Group.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jovana Milenković & Dragana Lakić & Nataša Bogavac-Stanojević, 2023. "Analysis of the Professional Aspects of Medical Drugs Industry in the Republic of Serbia in Times of COVID-19 Pandemic," Sustainability, MDPI, vol. 15(11), pages 1-16, May.
    2. Muhammad, Andrew & Hellwinckel, Chad M. & Anosike, Ejimofor & Taylor, Adam, 2022. "Economic Impact of the COVID-19 Pandemic on Tennessee Forest Product Exports," Extension Reports 319769, University of Tennessee, Department of Agricultural and Resource Economics.
    3. Brenda B. Lin & Chia-chen Chang & Erik Andersson & Thomas Astell-Burt & John Gardner & Xiaoqi Feng, 2023. "Visiting Urban Green Space and Orientation to Nature Is Associated with Better Wellbeing during COVID-19," IJERPH, MDPI, vol. 20(4), pages 1-12, February.
    4. Loredana Addimando, 2022. "Distance Learning in Pandemic Age: Lessons from a (No Longer) Emergency," IJERPH, MDPI, vol. 19(23), pages 1-12, December.
    5. Katafuchi, Yuya, 2021. "Residential land price fluctuations caused by behavioral changes on work-from-home based on COVID-19," MPRA Paper 109310, University Library of Munich, Germany.
    6. Elena M. D. Schönthaler & Nina Dalkner & Michaela Ratzenhofer & Eva Fleischmann & Frederike T. Fellendorf & Susanne A. Bengesser & Armin Birner & Alexander Maget & Melanie Lenger & Martina Platzer & R, 2022. "Greater Emotional Distress Due to Social Distancing and Greater Symptom Severity during the COVID-19 Pandemic in Individuals with Bipolar Disorder: A Multicenter Study in Austria, Germany, and Denmark," IJERPH, MDPI, vol. 19(13), pages 1-15, June.
    7. Da Van Huynh & Thuy Thi Kim Truong & Long Hai Duong & Nhan Trong Nguyen & Giang Vu Huong Dao & Canh Ngoc Dao, 2021. "The COVID-19 Pandemic and Its Impacts on Tourism Business in a Developing City: Insight from Vietnam," Economies, MDPI, vol. 9(4), pages 1-17, November.
    8. Leili Mohammadi & Ahmad Mehravaran & Zahra Derakhshan & Ehsan Gharehchahi & Elza Bontempi & Mohammad Golaki & Razieh Khaksefidi & Mohadeseh Motamed-Jahromi & Mahsa Keshtkar & Amin Mohammadpour & Hamid, 2022. "Investigating the Role of Environmental Factors on the Survival, Stability, and Transmission of SARS-CoV-2, and Their Contribution to COVID-19 Outbreak: A Review," Sustainability, MDPI, vol. 14(18), pages 1-16, September.
    9. Jingjing Wang & Xueying Wu & Ruoyu Wang & Dongsheng He & Dongying Li & Linchuan Yang & Yiyang Yang & Yi Lu, 2021. "Review of Associations between Built Environment Characteristics and Severe Acute Respiratory Syndrome Coronavirus 2 Infection Risk," IJERPH, MDPI, vol. 18(14), pages 1-16, July.
    10. Yongji Ma & Jinliang Xu & Chao Gao & Xiaohui Tong, 2022. "Impacts of COVID-19 Travel Restriction Policies on the Traffic Quality of the National and Provincial Trunk Highway Network: A Case Study of Shaanxi Province," IJERPH, MDPI, vol. 19(15), pages 1-21, July.
    11. Kyle Breen & Meredith Greig & Haorui Wu, 2023. "Learning Green Social Work in Global Disaster Contexts: A Case Study Approach," Social Sciences, MDPI, vol. 12(5), pages 1-21, May.
    12. Gumataw Kifle Abebe & Sylvain Charlebois & Janet Music, 2022. "Canadian Consumers’ Dining Behaviors during the COVID-19 Pandemic: Implications for Channel Decisions in the Foodservice Industry," Sustainability, MDPI, vol. 14(9), pages 1-21, April.
    13. Marek Bauer & Kinga Bauer, 2022. "Analysis of the Impact of the COVID-19 Pandemic on the Future of Public Transport: Example of Warsaw," Sustainability, MDPI, vol. 14(12), pages 1-22, June.
    14. Mike K. P. So & Jacky N. L. Chan & Amanda M. Y. Chu, 2022. "Dynamic Causality Analysis of COVID-19 Pandemic Risk and Oil Market Changes," JRFM, MDPI, vol. 15(6), pages 1-11, May.
    15. Dek Vimean Pheakdey & Nguyen Van Quan & Tran Dang Khanh & Tran Dang Xuan, 2022. "Challenges and Priorities of Municipal Solid Waste Management in Cambodia," IJERPH, MDPI, vol. 19(14), pages 1-27, July.
    16. Apostolidis, Chrysostomos & Devine, Anthony & Jabbar, Abdul, 2022. "From chalk to clicks – The impact of (rapid) technology adoption on employee emotions in the higher education sector," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
    17. David Milesi-Gaches, 2021. "Did research address the pandemic, epidemic or infectious risk in public transport scenarios? A systematic review to rethink future environmental implications for mobility [La recherche a-t-elle ab," Working Papers hal-03494239, HAL.
    18. Vicente Javier Clemente-Suárez & Eduardo Navarro-Jiménez & Juan Antonio Simón-Sanjurjo & Ana Isabel Beltran-Velasco & Carmen Cecilia Laborde-Cárdenas & Juan Camilo Benitez-Agudelo & Álvaro Bustamante-, 2022. "Mis–Dis Information in COVID-19 Health Crisis: A Narrative Review," IJERPH, MDPI, vol. 19(9), pages 1-24, April.
    19. Sharma, Gagan Deep & Tiwari, Aviral Kumar & Jain, Mansi & Yadav, Anshita & Srivastava, Mrinalini, 2021. "COVID-19 and environmental concerns: A rapid review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 148(C).
    20. Doğan, Buhari & Chu, Lan Khanh & Ghosh, Sudeshna & Diep Truong, Huong Hoang & Balsalobre-Lorente, Daniel, 2022. "How environmental taxes and carbon emissions are related in the G7 economies?," Renewable Energy, Elsevier, vol. 187(C), pages 645-656.
    21. Chunmei Zhang & Lingen Wang, 2023. "Evaluating the Health of Urban Human Settlements," Sustainability, MDPI, vol. 15(4), pages 1-15, February.
    22. Muhammad, Andrew & Hellwinckel, Chad M. & Nzayiramya, Savant & Taylor, Adam, 2023. "Economic Impact of Tennessee Forest Product Exports in 2021," Extension Reports 330847, University of Tennessee, Department of Agricultural and Resource Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Amit Awasthi & Aditi Sharma & Prabhjot Kaur & Balakrishnaiah Gugamsetty & Akshay Kumar, 2021. "Statistical interpretation of environmental influencing parameters on COVID-19 during the lockdown in Delhi, India," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(6), pages 8147-8160, June.
    2. Mashura Shammi & Md. Bodrud-Doza & Abu Reza Md. Towfiqul Islam & Md. Mostafizur Rahman, 2021. "Strategic assessment of COVID-19 pandemic in Bangladesh: comparative lockdown scenario analysis, public perception, and management for sustainability," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(4), pages 6148-6191, April.
    3. Hasan Eroğlu, 2021. "Effects of Covid-19 outbreak on environment and renewable energy sector," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(4), pages 4782-4790, April.
    4. Biswajit Bera & Sumana Bhattacharjee & Pravat Kumar Shit & Nairita Sengupta & Soumik Saha, 2021. "Significant impacts of COVID-19 lockdown on urban air pollution in Kolkata (India) and amelioration of environmental health," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 6913-6940, May.
    5. Amarpreet Singh Arora & Himadri Rajput & Rahil Changotra, 2021. "Current perspective of COVID-19 spread across South Korea: exploratory data analysis and containment of the pandemic," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 6553-6563, May.
    6. Gutiérrez-Romero, Roxana & Ahamed, Mostak, 2021. "COVID-19 response needs to broaden financial inclusion to curb the rise in poverty," World Development, Elsevier, vol. 138(C).
    7. O. Fiona Yap, 2020. "A New Normal or Business-as-Usual? Lessons for COVID-19 from Financial Crises in East and Southeast Asia," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(5), pages 1504-1534, December.
    8. Anda David & Yoro Diallo & Björn Nilsson, 2023. "Informality and Inequality: The African Case," Journal of African Economies, Centre for the Study of African Economies, vol. 32(Supplemen), pages 273-295.
    9. Jules Gazeaud & Eric Mvukiyehe & Olivier Sterck, 2023. "Cash Transfers and Migration: Theory and Evidence from a Randomized Controlled Trial," The Review of Economics and Statistics, MIT Press, vol. 105(1), pages 143-157, January.
    10. Asfaw, Abraham Abebe, 2021. "The effect of income support programs on job search, workplace mobility and COVID-19: International evidence," Economics & Human Biology, Elsevier, vol. 41(C).
    11. Emily Aiken & Suzanne Bellue & Dean Karlan & Christopher R. Udry & Joshua Blumenstock, 2021. "Machine Learning and Mobile Phone Data Can Improve the Targeting of Humanitarian Assistance," NBER Working Papers 29070, National Bureau of Economic Research, Inc.
    12. Guanghua Chi & Han Fang & Sourav Chatterjee & Joshua E. Blumenstock, 2022. "Microestimates of wealth for all low- and middle-income countries," Proceedings of the National Academy of Sciences, Proceedings of the National Academy of Sciences, vol. 119(3), pages 2113658119-, January.
    13. Sven-Olov Daunfeldt & Anton Gidehag & Niklas Rudholm, 2021. "How Do Firms Respond to Reduced Labor Costs? Evidence from the 2007 Swedish Payroll Tax Reform," Journal of Industry, Competition and Trade, Springer, vol. 21(3), pages 315-338, September.
    14. Segarra-Blasco, Agustí & Teruel, Mercedes & Cattaruzzo, Sebastiano, 2021. "The economic reaction to non-pharmaceutical interventions during Covid-19," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 592-608.
    15. Luis Henrique Paiva & Pedro H. G. Ferreira de Souza & Letícia Bartholo & Sergei Soares, 2020. "Avoiding the poverty pandemic: the potential of the Bolsa Família programme and the Single Registry as answers to COVID-19," Policy Research Brief 67, International Policy Centre for Inclusive Growth.
    16. Haydeeliz Carrasco & Hamidou Jawara & Moritz Meyer, 2022. "The Effects Of Fiscal Policy On Inequality And Poverty In The Gambia," Commitment to Equity (CEQ) Working Paper Series 117, Tulane University, Department of Economics.
    17. Jafino,Bramka Arga & Walsh,Brian James & Rozenberg,Julie & Hallegatte,Stephane, 2020. "Revised Estimates of the Impact of Climate Change on Extreme Poverty by 2030," Policy Research Working Paper Series 9417, The World Bank.
    18. Satinder Kaur & Hemant Bherwani & Sunil Gulia & Ritesh Vijay & Rakesh Kumar, 2021. "Understanding COVID-19 transmission, health impacts and mitigation: timely social distancing is the key," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 6681-6697, May.
    19. Gerard, François & Naritomi, Joana & Silva, Joana, 2021. "Cash Transfers and Formal Labor Markets: Evidence from Brazil," CEPR Discussion Papers 16286, C.E.P.R. Discussion Papers.
    20. Albert G. Zeufack & Cesar Calderon & Gerard Kambou & Calvin Z. Djiofack & Megumi Kubota & Vijdan Korman & Catalina Cantu Canales, "undated". "Africa's Pulse, No. 21, Spring 2020 [Africa's Pulse]," World Bank Publications - Reports 33541, The World Bank Group.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:endesu:v:23:y:2021:i:4:d:10.1007_s10668-020-00801-2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.