Impact of COVID-19 on GDP of major economies: Application of the artificial neural network forecasterThe ongoing COVID-19 pandemic has caused global health impacts, and governments have restricted movements to a certain extent. Such restrictions have led to disruptions in economic activities. In ...
The impact that the coronavirus (COVID-19) outbreak could have on the economy depends on how the outbreak plays out. In a scenario that results in a global pandemic, it is predicted that the Gross Domestic Product (GDP) of the United States will decline by 2.4 percent, and the Russian ...
Impact on the U.S. Economy The pandemic began in February 2020 and was a catalyst forrecession.1The COVID-19 crisis pushed the U.S. stock market into bear market territory in March 2020, with the S&P 500 unable to recover to pre-pandemic highs until June 2020.2The U.S. unemployment ra...
When we do this, we find that the pandemic’s negative impact on well-being in April was up to 3.5 times the losses experienced in GDP (Exhibit 1). While some of the negative effects are likely to dissipate as countries start to relax virus-related restrictions,...
The Potential Impact of COVID-19 on GDP and Trade: A Preliminary Assessment Report No. 1813-9450 (World Bank, 2020). Mandel, A. & Veetil, V. P. The economic cost of covid lockdowns: an out-of-equilibrium analysis. Econ. Disasters Clim. Change 4, 431–451 (2020). Google Scholar ...
This present study seeks to evaluate the pandemic's impact on poverty alleviation and the global GDP by considering individual countries' heterogeneous effects in a panel study. The motivation is to unravel the social and economic effects on the global economy. However, 170 countries are utilized ...
As countries around the world continue to navigate the fallout of the COVID-19 pandemic, China's economy has demonstrated resilience and adaptability. One of the most compelling developments has been the substantial increase in consumer spending, which fueled China's 5.2 percent GDP growth in 2023...
https://theconversation.com/coronavirus-lockdown-will-have-negligible-impact-on-the-climate-new-study-143503 冠状病毒:到2050年，绿色复苏“可能阻止0.3℃”的变暖 https://www.carbonbrief.org/coronavirus-green-recovery-could-prevent-0-3c-of-warming-by-2050 文/牛静美 审/绿宣 编/Angel ...
The aftershocks of the harsh lockdowns have had a massive impact on the GDP growth trends and are likely going to be a long-term feature. While some observers predict a quick recovery of the global economy, the ground realities suggest to the contrary. The developing economies also do not ...
Find the most up-to-date statistics and facts about the impact of COVID-19 on the global financial markets