TY - JOUR A1 - Snower, Dennis T1 - Das Digitale braucht neue Spielregeln JF - Tagesspiegel Y1 - 2020 UR - https://epaper.tagesspiegel.de//article/d56526ff484ca5aafb2e481dafe1b75f7031dde8e4da494308074d9dc8c29535 ER - TY - JOUR A1 - Snower, Dennis T1 - Wir leben in einer großen, Müll produzierenden Illusion JF - Die Zeit Y1 - 2020 UR - https://www.zeit.de/wirtschaft/2021-06/dennis-snower-wettbewerb-oekonomie-klimawandel-marktwirtschaft-materialismus?utm_referrer=https%3A%2F%2Fwww.google.com%2F ER - TY - JOUR A1 - Snower, Dennis A1 - Kelly, Colm T1 - Recoupling Shareholders, Stakeholders and Society JF - Global Solutions Journal Y1 - 2021 UR - https://www.global-solutions-initiative.org/3d-flip-book/global-solutions-journal-7-summit-2021-edition/ VL - 2021 IS - 7 SP - 12 EP - 18 ER - TY - JOUR A1 - Snower, Dennis T1 - Don’t save the economy. Change the economy JF - Politico Y1 - 2020 UR - https://www.politico.eu/article/dont-save-the-economy-change-the-economy-coronavirus-covid19/ IS - 19 ER - TY - RPRT A1 - Snower, Dennis T1 - The socioeconomics of pandemics policy N2 - In response to the COVID-19 pandemic, governments around the world have provided a massive fiscal and monetary stimulus. While this policy is welcome in the short run, it does not address the underlying problem in the medium and long run. The reason is that the pandemic has not given rise to a generalized shortfall in aggregate demand. Rather, it has generated a Great Economic Mismatch, characterized by deficient demand for things requiring close physical interactions among people and deficient supply of things compatible with social distancing, where appropriate. Expansive macroeconomic policy can stimulate aggregate demand, but when social distancing is enforced, it will not stimulate production and consumption whenever this demand is satisfied through physically interactive activities. To overcome the Great Economic Mismatch, “readaptation policies” are called for. In the medium run, these policies promote a redirection of resources to activities compatible with social distancing; in the long run, these policies make economies more resilient to unforeseen shocks that generate a Great Economic Mismatch. Once the pandemic is over, a more profound rethinking of decisionmaking—in public policy, business and civil society—is called for. First, decisionmakers will need to supplement the current focus on economic efficiency with greater emphasis on economic resilience. Second, economic policies and business strategies will need to focus less on incentives for selfish individuals and more on the mobilization of people’s prosocial motives. Finally, to encourage people around the world to cooperate globally in tackling global problems, policymakers at local, national and global levels will need to encourage people around the world to cooperate globally in tackling global problems, with the aid of two powerful tools that humans throughout history have used to coordinate their efforts: identity-shaping narratives and institutions of multi-level governance. Y1 - 2020 UR - https://www.brookings.edu/wp-content/uploads/2020/04/socioeconomics_of_pandemics_policy.pdf ET - GLOBAL ECONOMY & DEVELOPMENT WORKING PAPER 138 | April 2020 ER - TY - JOUR A1 - Snower, Dennis T1 - Awakening in the post-pandemic world JF - Future Development Blog - Brookings Institution Y1 - 2020 UR - https://www.brookings.edu/blog/future-development/2020/03/27/awakening-in-the-post-pandemic-world/ ER - TY - JOUR A1 - Snower, Dennis T1 - The real economic fallout from Covid-19 JF - Project Syndicate Y1 - 2020 UR - https://www.project-syndicate.org/commentary/covid19-great-economic-mismatch-by-dennis-j-snower-2020-04 ER - TY - JOUR A1 - Snower, Dennis T1 - Die Märkte haben versagt JF - Zeit Online Y1 - 2020 UR - https://www.zeit.de/wirtschaft/2020-06/corona-krise-readaption-policy-wirtschaftspolitik ER - TY - JOUR A1 - Snower, Dennis ED - Vox, CEPR T1 - To ease the health–wealth trade-off, reallocate digital property rights JF - VoxEU Y1 - 2020 UR - https://voxeu.org/article/ease-health-wealth-trade-reallocate-digital-property-rights VL - 2020 IS - June ER - TY - JOUR A1 - Snower, Dennis T1 - Niedrige Zinsen sind der Grundstein für die nächste Finanzkrise JF - Welt Y1 - 2020 UR - https://www.welt.de/debatte/kommentare/article205610025/Dennis-J-Snower-Naechste-Finanzkrise-droht-durch-niedrige-Zinsen.html ER - TY - JOUR A1 - Snower, Dennis T1 - Was wirklich zählt JF - Die Zeit Y1 - 2020 UR - https://www.zeit.de/2020/09/bruttoinlandsprodukt-wohlstandmessung-indexwert-oekonomische-entwicklung ER - TY - JOUR A1 - Lima de Miranda, Katharina A1 - Snower, Dennis J. T1 - The societal responses to COVID-19: Evidence from the G7 countries JF - Proceedings of the National Academy of Sciences N2 - This paper provides a picture of how societies in the G7 countries have responded to the COVID-19 pandemic. Our point of departure is to examine the effects of the pandemic in terms of four fundamental normative sources for well-being: Solidarity (S; willingness for social cooperation), Agency (A; empowerment to shape one’s prospects through one’s own efforts), GDP (G), and Environmental Performance (E)—SAGE for short. The normative foundations of SAGE are communitarianism, classical liberalism, materialistic utilitarianism, and ecoethics. We find that although G and E responded predictably and uniformly to the pandemic (such as G declining and carbon emissions improving), the societal responses were strikingly different. Societies that are cohesive and empowered (high S and A) may be expected to cope with the pandemic better than those that are fragmented and disempowered (low S and A). Furthermore, the pandemic has had diverse effects on S and A; while some societies became cohering and empowering (rising S and A), others became fragmenting and disempowering (falling S and A), and yet others became fragmenting and empowering. We also show that most G7 countries experienced greater tribalization (measured as the difference between inward S and outward S) during the pandemic. These trends are a matter of concern since they suggest that the willingness and perceived ability to address collective challenges collectively have waned. The analysis also suggests that governments’ social policies may have an important role to play alongside economic and health policies in coping with the pandemic. Y1 - 2022 U6 - https://doi.org/10.1073/pnas.2117155119 SN - 0027-8424 VL - 119 IS - 25 ER -