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Autor
Khan Alam (Kohat University of Science & Technology (KUST), Kohat, Khyber Pakhtunkhwa, Pakistan), Khan Nadeem (Kohat University of Science & Technology (KUST), Kohat, Khyber Pakhtunkhwa, Pakistan), Shafiq Muhammad (Kohat University of Science & Technology (KUST), Kohat, Khyber Pakhtunkhwa, Pakistan)
Tytuł
The Economic Impact of COVID-19 from a Global Perspective
Źródło
Contemporary Economics, 2021, vol. 15, nr 1, s. 64-75, rys., tab., aneks, bibliogr. 42 poz.
Słowa kluczowe
COVID-19, Wyniki gospodarcze, Gospodarka
COVID-19, Economic performance, Economy
Uwagi
Klasyfikacja JEL: R11
summ.
Abstrakt
The world has been waging a fight against the novel coronavirus (COVID-19) since December 2019. The current coronavirus crisis is a catastrophe affecting billions of families worldwide. So far, COVID-19 has wreaked havoc across the globe: by slowing down economic growth; decreasing global trade; hurting health sector; increasing unemployment and underemployment; reducing FDI and hurting the tourism sector. This study investigates the economic costs of COVID-19. By using descriptive analysis, this study shows that the major economic variables, such as economic growth, global trade, health sector, unemployment and underemployment, foreign direct investment and travel and tourism sector have significantly affected by COVID-19. (original abstract)
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Bibliografia
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Cytowane przez
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ISSN
2084-0845
Język
eng
URI / DOI
http://dx.doi.org/10.5709/ce.1897-9254.436
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