COVID-19 in Korea: Success Based on Past Failure*

IF 5.3 3区 经济学 Q1 ECONOMICS Asian Economic Papers Pub Date : 2020-11-25 DOI:10.1162/asep_a_00803
Byeong-duk Lim, Emma Kyoungseo Hong, Jinjin Mou, Inkyo Cheong
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引用次数: 35

Abstract

Abstract This paper analyzes how the Republic of Korea (Korea) halted the massive transmission of COVID-19 in just two months. The quarantine was achieved successfully without any need for a national lockdown because, simply, Korean citizens actively followed quarantine guidelines. During the 2015 Middle East Respiratory Syndrome (MERS) outbreak, the country recognized the importance of an early response in the form of a systematic approach and adopted the necessary procedures. Comparing the spread of COVID-19 among different countries, Korea demonstrated several distinct characteristics. First, the duration of the coronavirus crisis was relatively short, and Korea was able to flatten the coronavirus curve in a brief period. Second, Korea blocked expanded transmission of the virus without implementing a national lockdown. Third, the coronavirus pandemic did not lead to economic panic. Korea, which had developed an institutional response to infectious diseases prior to COVID-19, used a strategy of balancing quarantine measures with economic policies. The paper summarizes the specific measures Korea implemented to overcome COVID-19, and discusses the sustainability of the economy after overcoming the virus.
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韩国新冠肺炎:基于过去失败的成功*
摘要本文分析了大韩民国如何在短短两个月内阻止新冠肺炎的大规模传播。隔离成功实现,无需全国封锁,因为简单地说,韩国公民积极遵守隔离指南。在2015年中东呼吸综合征(MERS)爆发期间,该国认识到以系统方法的形式进行早期应对的重要性,并采取了必要的程序。比较新冠肺炎在不同国家之间的传播,韩国表现出几个明显的特征。首先,冠状病毒危机的持续时间相对较短,韩国能够在短时间内使冠状病毒曲线变平。其次,韩国在没有实施全国封锁的情况下阻止了病毒的扩大传播。第三,新冠疫情没有导致经济恐慌。韩国在新冠肺炎之前就制定了应对传染病的体制措施,并采用了平衡检疫措施与经济政策的策略。本文总结了韩国为战胜新冠肺炎而采取的具体措施,并讨论了战胜病毒后经济的可持续性。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
7.50
自引率
0.00%
发文量
16
期刊介绍: The journal Asian Economic Papers (AEP) is supported by several prominent institutions, including the Center for Sustainable Development at Columbia University in the United States. This shows that there is a strong emphasis on sustainable development within the journal's scope. Additionally, the Korea Institute for International Economic Policy in South Korea, the UN Sustainable Development Solutions Network (SDSN) in Malaysia, and the Economic Research Institute for ASEAN and East Asia in Indonesia also sponsor AEP. The articles published in AEP focus on conducting thorough and rigorous analyses of significant economic issues pertaining to specific Asian economies or the broader Asian region. The aim is to gain a deeper understanding of these issues and provide innovative solutions. By offering creative solutions to economic challenges, AEP contributes to the discourse and policymaking that impact the Asian economies and region as a whole.
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