The pandemic of the coronavirus under the view of economic analysis of law: (in)efficiency of state intervention?

Abstract

Covid-19's pandemic context, although recent, leaves clear signs of being a historic landmark for humanity, not only because of concerns in the health area, considering the extraordinary speed of its spread, but also for its reflexes in other areas, signaling an economic recession of unknown proportions. Due to a strong state action witnessed in the last days in the normative-legal field, the article intends to analyze, starting from the examination of the measures already adopted, the role of the State in directing actions aiming to mitigate the risks and uncertainties resulting from the impacts economic and social consequences of the pandemic. And, given the complexity of the regulatory function, the efficiency of traditional attempts and the perspective from the perspective of Economic Analysis of Law as a method are analyzed, in order to analyze the link between Law and Economics.