The Economic Impact of COVID-19 from a Global Perspective

被引：67

作者：

Khan, Alam ^{[1
]}

Khan, Nadeem ^{[1
]}

Shafiq, Muhammad ^{[2
]}

机构：

[1] Kohat Univ Sci & Technol KUST, Dept Econ, Kohat, Khyber Pakhtunk, Pakistan

[2] Kohat Univ Sci & Technol KUST, Inst Numer Sci, Kohat, Khyber Pakhtunk, Pakistan

来源：

CONTEMPORARY ECONOMICS | 2021年 / 15卷 / 01期

关键词：

COVID-19; economic performance; global economy; GREAT RECESSION; LESSONS; CRISIS; SARS;

D O I：

10.5709/ce.1897-9254.436

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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.

引用

页码：64 / 75

页数：12

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