Economics of the Pandemic: Weathering the Storm and Restoring Growth

The year 2020 is expected to mark the time when China attains the goal of completing the building of a moderately prosperous society in all respects. Yet, it has witnessed the emergence of COVID-19 as a global pandemic that has spread to almost all countries and regions throughout the world. This serious public health disaster has brought with it severe economic shock, resulting in unexpected challenges to the completion of economic and social development goals. This title compiles the latest research into the impact of COVID-19 on the Chinese economy from a variety of perspectives. Economic experts and scholars from the Chinese Academy of Social Sciences analyse the present situation and current trends as well as short-term and long-term countermeasures in the agricultural, industrial, employment, supply-and-demand, and public health sectors. They argue that China's deployment and promotion of economic recovery need to adapt to variability and uncertainty, and policy choices should be made in the light of the dialectical relationship between variance and invariance. The book will appeal to students and scholars of economics, political science, and social development.