Abstract
The recent pandemic, along with the pressing challenges of climate change and biodiversity loss, has led to increased recognition of the need for new forms of economic policy that prioritise people’s health and the environment. Macroeconomic policy includes fiscal and monetary policy. Fiscal policy involves choices around government revenue and spending and the balance between the two. Monetary policy includes setting interest rates and purchasing government securities or other assets. A wide range of such policies have been deployed following COVID-19. This article advocates complexity modelling as an innovative approach to study these policies given the multiple relevant mechanisms of effect. It then draws conclusions for future research priorities and public health action.
| Original language | English |
|---|---|
| Pages (from-to) | 325-327 |
| Number of pages | 3 |
| Journal | Perspectives in Public Health |
| Volume | 141 |
| Issue number | 6 |
| Early online date | 24 Nov 2021 |
| DOIs |
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| Publication status | Published - 30 Nov 2021 |
Funding
The author(s) disclosed receipt of the following financial support for the research, authorship and/or publication of this article: PM was supported by the UK Prevention Research Partnership SIPHER Consortium (MR/S037578/1, Meier). PM also receives funding from the UK Medical Research Council and Chief Scientist Office grants MC_UU_00022/5 and SPHSU20. All salaries were paid by respective employers, no other funding was received for this work and funders did not have a role in the manuscript.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 3 Good Health and Well-being
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SDG 13 Climate Action
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