Strategic debate on financial inclusion: Is life or livelihood a false choice

Publication Type

Book Chapter

Publication Date

7-2022

Abstract

A multi-generational pandemic has ravaged the world in 2020–2021. Policymakers have been grappling with the path for reopening the economy back to the new normalcy. The author re-examines an oft-repeated policy dilemma. In a decision theoretic framework, the author evaluates the strategic challenge faced by policymakers and illustrates the cost and benefit describing an unenviable choice between life and livelihood. The author addresses the apparent dichotomy, “Is it possible to support both life and livelihood and not choose between them?” Finally, he discusses the pitfalls of misinformation and a possible pathway to recovery paved with a resurgence of the human spirit of collaboration and ingenuity.

Keywords

Covid-19, pandemics, government policy, economic policy

Discipline

Finance and Financial Management | Public Affairs, Public Policy and Public Administration | Public Health

Research Areas

Finance

Publication

Managing complexity and Covid-19: Life, liberty and the pursuit of happiness

Editor

Aurobindo Ghosh, Amit Haldar, & Kalyan Bhaumik

First Page

1

Last Page

17

ISBN

9781032115160

Identifier

10.4324/9781003218807-1

Publisher

Routledge

City or Country

Abingdon

Additional URL

https://doi.org/10.4324/9781003218807-1

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