Özet:

Public goods which have the features of nonrivalry in consumption and nonexcludability have positive externalaties spreading the large masses, and also cover negative externalaties (public bads) not to damage the environment, health and so on. Cross-border spillover effects of externalaties actually make the public goods convert to global public goods. In this sense, struggling the pandemics is a most crucial global public good which does not only impact human life but also prevents the collapse of national economies. Pandemics slow the pace of economic growth as well as increasing the loss of workforce. Governments employ a balance between the increase in spread of disease and mortality, and economic stability. This paper attempts to explain the whole story of the pandemics and their economic implications by giving examples from literature. Main finding resulted from the papers written on this issue is that pandemics exacerbate the national economies through different channels. Developed and developing countries should take the pandemics into account as a regressive power or obstacle in front of economic growth and stability of state budgets, strongly collaborate against pandemic as a naturel disaster, support their healthcare systems and be ready for these kinds of disasters.

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