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Covid-19: The Impact Of A Nation’S Political Economic Structure On Its Labor Market Spending Policies, Mary Margaret Baldy
Covid-19: The Impact Of A Nation’S Political Economic Structure On Its Labor Market Spending Policies, Mary Margaret Baldy
Business and Economics Honors Papers
The onslaught of COVID-19 in March 2020 claimed the lives of millions and caused a global economic downturn marked by vast unemployment. Previous research has focused on how fiscal policy is utilized by advanced developed nations and their objectives with respect to fiscal policy. This paper aims to examine how a given nation’s labor market spending policies are impacted by its political economic structure. In order to delineate between and analyze the approaches of different political economic structures, this paper utilizes Nordic, Liberal, and Asian States constructs. In order to investigate the impact of political economic structure on labor market …