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2020 | 4 | 45-74

Article title

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

Content

Title variants

Languages of publication

EN

Abstracts

EN
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 specifically 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 confl icting solutions for those crises refl ect 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 benefi t policy making.

Year

Issue

4

Pages

45-74

Physical description

Contributors

  • University of Latvia
author
  • Carleton University (Ottawa)
  • University of Latvia

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Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-a92530cc-e8ed-4613-af57-bdc18ac6c64b
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