CORONAVIRUS IMPACT ON GLOBAL ECONOMY
The COVID-19 pandemic is having a severe effects on both workers and employers in different countries and industries worldwide. In this paper we analyzed the impact of the corona crisis on the global economic growth and the main questions addressed here are the effects of corona crisis on the glob...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Academica Brâncuşi
2020-08-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2020-04/02_Boshkoska.pdf |
| Summary: | The COVID-19 pandemic is having a severe effects on both workers and employers in different countries and
industries worldwide. In this paper we analyzed the impact of the corona crisis on the global economic growth and the
main questions addressed here are the effects of corona crisis on the global manufacturing activity and service
industry.
The research results showed that at the beginning of 2020 when the coronavirus emerged in Wuhan, China
and has spread around the world causing a pandemic, it brought the global economy on its knees in a very short period
of time. Also, the results indicate that the global economy will take years to recover from the corona crisis.
The research is done by exploring of the latest economic analysis related to the COVID-19 pandemic in order
to identify its effects on world economy throughout the first half of 2020 |
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| ISSN: | 1844-7007 1844-7007 |