The Economic Impact of COVID-19 from a Global Perspective

IF 2.4 Q2 ECONOMICS

Contemporary Economics Pub Date : 2021-02-01 DOI:10.5709/CE.1897-9254.436

Alam Khan, N. Khan, M. Shafiq

引用次数: 42

Abstract

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.

查看原文本刊更多论文

从全球视角看COVID-19的经济影响

自2019年12月以来，全球一直在与新型冠状病毒(COVID-19)作斗争。当前的冠状病毒危机是一场影响全球数十亿家庭的灾难。到目前为止，COVID-19在全球范围内造成了严重破坏:经济增长放缓;全球贸易减少;损害卫生部门;失业和就业不足增加;减少外国直接投资，损害旅游业。本研究调查了COVID-19的经济成本。通过描述性分析，本研究表明，经济增长、全球贸易、卫生部门、失业和就业不足、外国直接投资和旅游部门等主要经济变量受到COVID-19的显著影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Contemporary Economics ECONOMICS-

CiteScore

3.70

自引率

9.50%

发文量

审稿时长

24 weeks

期刊介绍： The mission of the Contemporary Economics is to publish advanced theoretical and empirical research in economics, finance, accounting and management with the noticeable contribution and impact to the development of those disciplines and preferably with practice relevancies. All entirety of methods is desirable, including a falsification of conventional understanding, theory building through inductive or qualitative research, first empirical testing of a theory, meta-analysis with theoretical implications, constructive replication that clarifies the boundaries or range of a theory for theoretical research as well as qualitative, quantitative, field, laboratory, meta-analytic, and combination for an empirical research. This clear priority for comprehensive manuscripts containing a methodology-based theoretical and empirical research with implications and recommendations for policymaking does not exclude manuscripts entirely focused on theory or methodology. Manuscripts that raise significant, actual topics of international relevance will be highly appreciated. The interdisciplinary approach including – besides economic, financial, accounting or managerial –also other aspects, is welcomed.