Question
In responding to the health crisis posed by COVID-19 the Australian government at state and Federal level have responded by imposing measures that includeborders closures,
In responding to the health crisis posed by COVID-19 the Australian government at state and Federal level have responded by imposing measures that includeborders closures, travel restrictions and lock-downs.Also it is recognised that central to adapting to learn to live with the virus vaccination will play a crucial role. In this section address the economic implications stemming from the governments response to the COVID-19 pandemic. Specifically address each of the dot points provided below:
- Discuss how efforts to mitigate health risks and contain the spread of the virus (including measures such as lock-downs, social distancing requirements and travel restrictions) have impacted:
- the Australian economy in general;
- the Arts and Recreational services as an example of a specific industrial sector
- Discuss why ensuring that Australia achieves a high vaccination rate is important not just for the health of the population but for the economy as well. Focus your discussion on the economic arguments relevant to vaccination.
COVID-19 has impacted the world. During the pandemic we have witnessed countries responding in different ways to deal with both the health and economic crisis it has caused. International organisations like the IMF and OECD have compared policy responses from different countries that focus upon aspects related to dealing with the economic impacts stemming from COVID-19.
- How does Australia's response to the pandemic compare to other nations and what economic implications stem from this? Support your answer by drawing upon evidence from 2 other countries (of your choice) to highlight areas of similarly and difference and comment on what you believe is an effective approach from government to support both short term recovery and long term economic prosperity.
- Discuss why international efforts around the world at combating COVID-19 at a global level is in Australia's (and other nations) nation interest as well. focus upon the importance of openness within the global economy. Be sure to use relevant examples or evidence to support.
- Conclude by outlining how the need by government to balance both health and economic outcomes in the case of COVID-19 links to broader philosophical debates about the role of government.
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