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
Citation
GHOSH, Aurobindo.
Strategic debate on financial inclusion: Is life or livelihood a false choice. (2022). Managing complexity and Covid-19: Life, liberty and the pursuit of happiness. 1-17.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/7063
Additional URL
https://doi.org/10.4324/9781003218807-1