Positive Externalities of an Epidemic: The Case of the Corona Virus (COVID-19) in China.

Abstract

COVID-19 have undisputedly dented global economies as shown by indicators from the various stock markets. However, amidst these woes, China's quest to contain the spread of the pandemic and ultimately find its cure has resulted in some positive spillovers worth discussing. This commentary focuses on the positive effects that emanated from public policies and strategies enacted in China to control and ultimately to eradicate COVID-19. Specifically, these policies gave more room for testing futuristic technologies, reduce the spread of false information and pollution and provided social safety nets for affected individuals and firms. This article is protected by copyright. All rights reserved.