The impact of the COVID-19 pandemic on the economy is different than the crises precipitated by the 1929 Great Depression and the 2008 Great Recession. The pandemic caused consumption and production activities to cease at...
We are taking in consideration the case of COVID-19 to be evaluated under a domestic, national, and international level impact. In this paper, we also propose a new simulator to evaluate the impact of massive infections and contagious diseases on the economic performance subsequently. This ...
Learn more about the impact of COVID-19 on the global economy, the shifts in stock markets, and the response of the major industries.
According to a report released by Brookings Institute about the Social & Economic impact of COVID – 19 on June 8, 2021, the global economy has suffered a huge disruption. The current downturn has surpassed the level of recession post-World War II. Likewise, the World Economic Outlook report...
and make active contributions to the global response. Third, while getting prepared for a long fight against COVID-19 and maintaining our ongoing response, we must start to communicate and coordinate our macro-policies to mitigate the impact of COVID-19 on our economies and the world economy....
Abstract:The global spread of Covid-19 will exert extremely negative impact on the world economy.Not only the foreign trade development of China and Chinese enterprises,but also the international image of China will face more threats in the future.Sino-US relations may deteriorate in the absence...
经济世界(www.economyworld.net)编译 新冠肺炎(COVID-19)的爆发给全球经济带来重大破坏。由于中国在全球供应链、旅游和大宗商品市场中扮演关键角色,中国的产出收缩影响着全球经济。各国政府需积极采取强有力的行动,应对疫情及其对经济的冲击。 主要章节: 1. 全球经济前景持续低迷,不确定性增加 ...
COVID-19Economic ContractionSocial Welfare lossesElectricityProductivityThe COVID-19 shocks have affected Kenya's economy in several ways. They include contraction of the economy, productivity losses, and social welfare losses. TheSocial Science Electronic Publishing...
[2] ILO Monitor “Covid-19 and the world of work. Seventh edition (Updated estimates and analysis).” What were the key policy responses? Policy responses focused on keeping the economy afloat, maintaining the economy’s productive capacity, and protecting the most affected group of population....
As widely reported, the dramatic outbreak of COVID-19 caused disruption on a scale not seen in more than a century. Despite unprecedented state-backed support, the crisis has raised questions around the limitations of the state as the protector of busine