Economic coping with COVID-19: a conceptual note

Abstract

Literature on coping is expanse but that on economic coping strategies with disease outbreaks is still scarce. More attention seems to be towards coping with mental health issues. Therefore, this study brings to the fore, economic coping strategies that may be used when there is a disease outbreak with lessons learnt from COVID-19 where mobility is restricted. Thus, this study also explains potential coping mechanisms when mobility is restrained. Findings indicate that while well-known and common coping strategies may be applicable, their applications may change. Therefore, individuals are encouraged to embrace this change in use of usual coping strategies. Also, some coping strategies have the potential to lead to contact with persons with the epidemic, therefore, caution must be exercised when applying such strategies.