The Effects Of Covid 19 On The Global And Domestic Economy

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The Effects of COVID-19 on the Global and Domestic Economy

Author : Magnus Strömberg
Publisher : Nova Snova
ISBN 13 : 9781536199529
Total Pages : 0 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis The Effects of COVID-19 on the Global and Domestic Economy by : Magnus Strömberg

Download or read book The Effects of COVID-19 on the Global and Domestic Economy written by Magnus Strömberg and published by Nova Snova. This book was released on 2021-08-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the year since the COVID-19 outbreak was first diagnosed, it has spread to over 200 countries and all U.S. states. The pandemic has negatively affected global economic growth beyond anything experienced in nearly a century. Estimates so far indicate the virus reduced global economic growth to an annualized rate of -4.5% to -6.0% in 2020, with a partial recovery of 2.5% to 5.2% projected for 2021. Global trade is estimated to have fallen by 5.3% in 2020, but is projected to grow by 8.0% in 2021. The full economic impact of the pandemic likely will remain unclear until the negative health effects peak. This book provides an overview of the global and domestic economic costs to date and the response by governments and international institutions to address these effects.

Impact Of Covid – 19 Crisis On The Global Economy And Other Sectors Worldwide

Author : Dr. Prita D. Mallya
Publisher : Idea Publishing
ISBN 13 :
Total Pages : 352 pages
Book Rating : 4./5 ( download)

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Book Synopsis Impact Of Covid – 19 Crisis On The Global Economy And Other Sectors Worldwide by : Dr. Prita D. Mallya

Download or read book Impact Of Covid – 19 Crisis On The Global Economy And Other Sectors Worldwide written by Dr. Prita D. Mallya and published by Idea Publishing. This book was released on 2020-06-08 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights the impacts of COVID-19 on the global economy, at a time when the world economy has experienced large demand and supply shocks. To limit the transmission of the corona virus, all governments shut down production, restricted movement of people, etc, which led to severe curtailment in demand, and disruptions in supply chains all over the world. The COVID-19 pandemic has dragged the world economy into an abrupt and unforeseen recession. According to IMF estimates, world GDP will fall by over 3 percent due to the outbreak of this pandemic - the steepest slowdown since the Great Depression of the 1930s. The ILO has predicted a loss of about 25 million jobs due to this pandemic. Emerging markets will lose at least 2.4 percent of their GDP in 2020 alone. Loss in global travel revenue due to COVID-19 is estimated at USD 810.7 billion. Financial markets have been badly hit and about USD 83 million has been pulled out of developing markets since the outbreak of COVID-19. The list of sectors impacted by the COVID-19 outbreak, is endless All governments have announced stimulus packages comprising a mix of fiscal and monetary measures, but it is difficult to predict how quickly businesses will respond to these measures. The papers in this book, which are the proceedings of an online global conference, have attempted to analyze and summarize the thoughts of academicians on these vexed issues.

Disruption Without Change

Author : HOWARD J. SHATZ
Publisher :
ISBN 13 : 9781977408969
Total Pages : 0 pages
Book Rating : 4.4/5 (89 download)

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Book Synopsis Disruption Without Change by : HOWARD J. SHATZ

Download or read book Disruption Without Change written by HOWARD J. SHATZ and published by . This book was released on 2022-06-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author reviews the economic track record of the United States, its competitors, and its allies to discern how economic changes induced by the COVID-19 pandemic could affect geopolitical competition and the security environment.

COVID-19 in the Global South

Author : Carmody, Pádraig
Publisher : Policy Press
ISBN 13 : 1529215897
Total Pages : 218 pages
Book Rating : 4.5/5 (292 download)

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Book Synopsis COVID-19 in the Global South by : Carmody, Pádraig

Download or read book COVID-19 in the Global South written by Carmody, Pádraig and published by Policy Press. This book was released on 2020-10-21 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Available Open Access under CC-BY-NC-ND licence. Bringing together a range of experts across various sectors, this important volume explores some of the key issues that have arisen in the Global South with the COVID-19 pandemic. Situating the worldwide health crisis within broader processes of globalisation, the book investigates implications for development and gender, as well as the effects on migration, climate change and economic inequality. Contributors consider how widespread and long-lasting responses to the pandemic should be, while paying particular attention to the accentuated risks faced by vulnerable populations. Providing answers that will be essential to development practitioners and policy makers, the book offers vital insights into how the impact of COVID-19 can be mitigated in some of the most challenging socio-economic contexts worldwide.

Global Economic Prospects, June 2020

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 1464815801
Total Pages : 402 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, June 2020 by : World Bank Group

Download or read book Global Economic Prospects, June 2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-07 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pandemic under control, if financial stress triggers defaults, or if there are protracted effects on households and firms. Economic disruptions are likely to be more severe and protracted in emerging market and developing economies with larger domestic outbreaks and weaker medical care systems; greater exposure to international spillovers through trade, tourism, and commodity and financial markets; weaker macroeconomic frameworks; and more pervasive informality and poverty. Beyond the current steep economic contraction, the pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital, and global value chains. Being mostly a reflection of the recent plunge in global energy demand, low oil prices are unlikely to provide much of a boost to global growth in the near term. While policymakers' immediate priorities are to address the health crisis and moderate the short-term economic losses, the likely long-term consequences of the pandemic highlight the need to forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.

Coronavirus Outbreak and the Great Lockdown

Author : Bhaskar Bagchi
Publisher : Springer Nature
ISBN 13 : 981157782X
Total Pages : 126 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Coronavirus Outbreak and the Great Lockdown by : Bhaskar Bagchi

Download or read book Coronavirus Outbreak and the Great Lockdown written by Bhaskar Bagchi and published by Springer Nature. This book was released on 2020-09-21 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book captures the dynamic relationship between COVID-19 pandemic, crude oil prices and major stock indices as well as the crude oil prices and stock market volatility that have been caused due to outbreak of this pandemic. The pandemic has changed the world melodramatically and major world markets collapsed in the beginning, affecting major industries in an unprecedented way. The book will be useful to the researcher in the field of finance and economics, and policy makers both at government and private level, keeping in view the present state of economy throughout the world.

Globalization and Disease

Author : Jong-Wha Lee
Publisher :
ISBN 13 : 9781740320559
Total Pages : 21 pages
Book Rating : 4.3/5 (25 download)

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Book Synopsis Globalization and Disease by : Jong-Wha Lee

Download or read book Globalization and Disease written by Jong-Wha Lee and published by . This book was released on 2003 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The purpose of this paper is to provide a preliminary assessment of the global economic impacts of the SARS disease. Our empirical estimates of the economic effects of the SARS epidemic are based on a global model called the G-cubed (Asia-Pacific) Model." --p. 1.

The COVID-19 Pandemic, India and the World

Author : Rajib Bhattacharyya
Publisher : Taylor & Francis
ISBN 13 : 1000463060
Total Pages : 426 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis The COVID-19 Pandemic, India and the World by : Rajib Bhattacharyya

Download or read book The COVID-19 Pandemic, India and the World written by Rajib Bhattacharyya and published by Taylor & Francis. This book was released on 2021-09-30 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the economic and social impact of the Covid-19 crisis with special focus on India. It examines the economic disruption caused by the pandemic, policy responses to it and the prospect of a severe global recession. It also covers how the pandemic has contributed to considerable suffering among the masses and affected socio-cultural relationships, behavioural patterns and psychological attitudes governing human interaction. A topical and timely collection on the pandemic, the essays in the volume discuss several key themes which include, · The Corona pandemic and the changing global economy; growth, trade and macroeconomic recovery; · Public health and policy failures; appropriate policy response; · Impact on education; guidelines for the future; · Idea of economic herd immunity; impact of India’s lockdown, crisis of the migrant labourers; · Impact on agriculture, industry, firms, households and the informal sector; · Implications of digital technology for production, labour and labour relations; · Violence amidst the virus; Covid 19 and Hindu- Muslim conflict in India, domestic violence, questions of occupation, identity, gender and vulnerability; · De-globalisation and environmental challenges in the post-Covid era. Engagingly written, this comprehensive volume compiles original research by leading economists from India and abroad. It will be useful for scholars and researchers of economics, of the Indian economy, development economics, development studies, labour studies, public policy, public administration, governance, sociology and political economy.

The Economy in the Time of Covid-19

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464815704
Total Pages : 64 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis The Economy in the Time of Covid-19 by : World Bank

Download or read book The Economy in the Time of Covid-19 written by World Bank and published by World Bank Publications. This book was released on 2020-04-12 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a period of rapid economic growth associated with high commodity prices, the region had entered a phase of lackluster performance. Recent developments, including a new oil price shock, and the outbreak of the Covid-19 epidemic will push the region into recession. Many countries are struggling to contain the spread of the Covid-19 epidemic while avoiding a dramatic decline in economic activity. The report analyzes how to think about this tradeoff. It estimates the potential health costs, assesses the effectiveness of diverse containment strategies, and discusses how large the economic cost could be. The current crisis is unprecedented because it combines a fall in global demand, tighter financial conditions and a major supply shock. The response needs to consider how to socialize the losses, how to prevent a collapse of the financial sector, how to protect jobs and livelihoods, and how to manage and divest the assets that will inevitably end up in the hands of the state.

Learning from SARS

Author : Institute of Medicine
Publisher : National Academies Press
ISBN 13 : 0309182158
Total Pages : 376 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Learning from SARS by : Institute of Medicine

Download or read book Learning from SARS written by Institute of Medicine and published by National Academies Press. This book was released on 2004-04-26 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of severe acute respiratory syndrome (SARS) in late 2002 and 2003 challenged the global public health community to confront a novel epidemic that spread rapidly from its origins in southern China until it had reached more than 25 other countries within a matter of months. In addition to the number of patients infected with the SARS virus, the disease had profound economic and political repercussions in many of the affected regions. Recent reports of isolated new SARS cases and a fear that the disease could reemerge and spread have put public health officials on high alert for any indications of possible new outbreaks. This report examines the response to SARS by public health systems in individual countries, the biology of the SARS coronavirus and related coronaviruses in animals, the economic and political fallout of the SARS epidemic, quarantine law and other public health measures that apply to combating infectious diseases, and the role of international organizations and scientific cooperation in halting the spread of SARS. The report provides an illuminating survey of findings from the epidemic, along with an assessment of what might be needed in order to contain any future outbreaks of SARS or other emerging infections.

COVID-19 in Indonesia

Author : Lili Yan Ing
Publisher : Routledge
ISBN 13 : 1000583678
Total Pages : 270 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis COVID-19 in Indonesia by : Lili Yan Ing

Download or read book COVID-19 in Indonesia written by Lili Yan Ing and published by Routledge. This book was released on 2022-03-28 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the impacts of COVID-19 on the Indonesian economy, particularly on employment, education, poverty, trade, and macroeconomy. The chapters explain how fiscal and monetary stimulus work and the roles of local governments in managing stimulus. It also presents paths to recovery and lessons learned from countries that have found success in mitigating the economic impacts of the pandemic (China, Germany, Singapore, and Vietnam). This text will be a useful reference for policy makers, scholars, students, and public audience working or interested in the fields of development economics, trade, health economics, economics, and East Asia.

The Economics of COVID-19

Author : Moosa, Imad A.
Publisher : Edward Elgar Publishing
ISBN 13 : 1800377223
Total Pages : 256 pages
Book Rating : 4.8/5 (3 download)

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Book Synopsis The Economics of COVID-19 by : Moosa, Imad A.

Download or read book The Economics of COVID-19 written by Moosa, Imad A. and published by Edward Elgar Publishing. This book was released on 2021-11-16 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book explores the neglected risk in the advent of the Covid-19 pandemic, illustrating the ways in which four decades of neoliberal economic and public policy has eroded the functional capacity of states to handle catastrophic events.

COVID-19 and Economic Development in Latin America

Author : Monika Meireles
Publisher : Taylor & Francis
ISBN 13 : 1000907562
Total Pages : 151 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis COVID-19 and Economic Development in Latin America by : Monika Meireles

Download or read book COVID-19 and Economic Development in Latin America written by Monika Meireles and published by Taylor & Francis. This book was released on 2023-07-06 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impact of the COVID-19 pandemic on the global economy, just as with the Great Recession a decade earlier, has served to reinforce the fact that the world is hierarchically organized and the distribution of power between countries is distinctly asymmetric. Gathering multiple viewpoints of Latin American researchers, this book explores the impacts of the pandemic, including unequal access to vaccines and recovery finance, on economies in the region. The book is organised in three substantial sections: the first brings together conceptual work which rethinks the fundamental categories for critical thinking on the challenges for Latin American development in a post-pandemic scenario. In the second part, the chapters focus on studying the Latin American financial reconfiguration that is being driven by the pandemic, particularly through a comparison of the experience of countries of the world economy’s core and periphery. Finally, the third part evaluates the concrete experiences of different Latin American countries in this very specific historical moment, emphatically analyzing the economic policy responses that the governments are adopting to deal with the current sanitary emergency and its economic and social effects. From this, the book suggests keystone elements for the relaunch of development strategies in the region as it recovers from the pandemic. This book will be of particular interest to readers of critical or heterodox perspectives on the economics of the pandemic, Latin American development and emerging economies.

The Economics of COVID-19

Author : Badi H. Baltagi
Publisher : Emerald Group Publishing
ISBN 13 : 1800716931
Total Pages : 228 pages
Book Rating : 4.8/5 (7 download)

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Book Synopsis The Economics of COVID-19 by : Badi H. Baltagi

Download or read book The Economics of COVID-19 written by Badi H. Baltagi and published by Emerald Group Publishing. This book was released on 2022-06-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of COVID-19 contains selected contributions analysing the effects of the global pandemic on macroeconomics, computable general equilibrium models and financial markets, as well as health studies proposing to improve the traditional epidemic models.

Economic Dimensions of Covid-19 in Indonesia

Author : Blane D. Lewis
Publisher : ISEAS-Yusof Ishak Institute
ISBN 13 : 9814951463
Total Pages : 236 pages
Book Rating : 4.8/5 (149 download)

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Book Synopsis Economic Dimensions of Covid-19 in Indonesia by : Blane D. Lewis

Download or read book Economic Dimensions of Covid-19 in Indonesia written by Blane D. Lewis and published by ISEAS-Yusof Ishak Institute. This book was released on 2021-04-19 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning in December 2019, the coronavirus swept quickly through all regions of the world. COVID 19 has wreaked social, political and economic havoc everywhere and has shown few signs of entirely abating. The recent development and approval of new vaccines against the virus, however, now provides some hope that we may be coming to the beginning of the end of the pandemic. This volume collects papers from a conference titled Economic Dimensions of COVID 19 in Indonesia: Responding to the Crisis, organised by the Australian National University’s Indonesia Project and held online 7–10 September 2020. Collectively, the chapters in this volume focus for the most part on the economic elements of COVID 19 in Indonesia. The volume considers both macro- and micro-economic effects across a variety of dimensions, and short- and long-term impacts as well. It constitutes the first comprehensive analysis of Indonesia’s initial response to the crisis from an economic perspective.

Africa's Pulse, No. 21, Spring 2020

Author : Cesar Calderon
Publisher : World Bank Publications
ISBN 13 : 1464815682
Total Pages : 136 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Africa's Pulse, No. 21, Spring 2020 by : Cesar Calderon

Download or read book Africa's Pulse, No. 21, Spring 2020 written by Cesar Calderon and published by World Bank Publications. This book was released on 2020-04-07 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has taken a toll on human life and brought major disruption to economic activity across the world. Despite a late arrival, the COVID-19 virus has spread rapidly across Sub-Saharan Africa in recent weeks. Economic growth in Sub-Saharan Africa is projected to decline from 2.4 percent in 2019 to -2.1 to -5.1 percent in 2020, the first recession in the region in 25 years. The coronavirus is hitting the region’s three largest economies —Nigeria, South Africa, and Angola— in a context of persistently weak growth and investment. In particular, countries that depend on oil and mining exports would be hit the hardest. The negative impact of the COVID-19 crisis on household welfare would be equally dramatic. African policymakers need to develop a two-pronged strategy of “saving lives and protecting livelihoods.†? This strategy includes relief measures and recovery measures aimed at strengthening health systems, providing income support to workers and liquidity support to viable businesses. However, financing of these policies will be challenging amid deteriorating fiscal positions and heightened public debt vulnerabilities. Therefore, African countries will require financial assistance from their development partners -including COVID-19 related multilateral assistance and a debt service stand still with creditors.

The Post-Pandemic World and Global Politics

Author : A K M Ahsan Ullah
Publisher : Springer Nature
ISBN 13 : 9811919100
Total Pages : 190 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis The Post-Pandemic World and Global Politics by : A K M Ahsan Ullah

Download or read book The Post-Pandemic World and Global Politics written by A K M Ahsan Ullah and published by Springer Nature. This book was released on 2022-05-06 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the impact of COVID-19 on economic and political processes, contending that the global reaction to the pandemic has been the largest failure in scientific policy in a generation. Unlike earlier crises, it has impacted the world's leading economies while also paralyzing international ties, provoking diverse and far-reaching reactions. The authors posit that no effective global response has been launched in response to this global catastrophe. Rather, governments have implemented a variety of policies based on the costs of virus protection against financial closure and isolation. In doing so, there has been a resurgence in nationalism. This book aims to provide comprehensive understanding of how the pandemic has widened political gaps, and demarcates what the long-term consequences might be in terms of policies and economics in the wake of the pandemic. Of interest to scholars in political geography, development studies, international relations, public administration, and health science, this book presents key observations on existing theories of global politics pivoted around the COVID-19 pandemic, and its ramifications on individuals, groups, and ultimately, the nation state.