Nations Resort to a Redistribution to Rescue the Western Model for the Post-Pandemic World: An EU and Canadian Approach

Tatjana Muravska, Denis Dyomkin

Research output: Contribution to journalArticlepeer-review

Abstract

The novel coronavirus pandemic has triggered an economic slowdown
worldwide, aggravating those steadily accumulated inequalities in income
and wealth redistribution. Western-type capitalism, international cooperation, and European integration have found themselves at risk. This article
points out the resemblances and dissimilarities in policies combating the
recessions of 2008 and 2020 on both sides of the Atlantic, focusing specifi -
cally on the EU and Canada. It assesses the rising popularity of the welfarestate concept applied both to individuals and entire businesses deemed
essential for democracy, notably in the EU, for which the protection of
citizens’ well-being and solidarity values are at the core of bloc integration. Conceptually conflicting solutions for those crises reflect a profound
shift in policy making, reinforcing state interventions vs the neoliberal approach and intensifying discussions on a universal basic income as a tool
in redressing socio-economic inequalities. This paper highlights the need
for a trans-disciplinary approach to benefit policy making.
Original languageEnglish
Pages (from-to)45-74
JournalStudia Europejskie - Studies in European Affairs
Volume24
Issue number4
Publication statusPublished - 2020
Externally publishedYes

Keywords

  • Health Crisis
  • Socio-Economic Crisis
  • Well-being
  • Solidarity
  • Integration

Field of Science

  • 5.2 Economy and Business

Publication Type

  • 1.2. Scientific article included in INT1 or INT2 category journal of ERIH database

Fingerprint Dive into the research topics of 'Nations Resort to a Redistribution to Rescue the Western Model for the Post-Pandemic World: An EU and Canadian Approach'. Together they form a unique fingerprint.

Cite this