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COVID-19 Pandemic and Global Economic Impact

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  • Lucia Zekra

    (“Ovidius†University of Constanta)

Abstract

Released in China in the winter of 2019, COVID-19 (caused by SARS-CoV-2 virus) lead to a world pandemic and highly stressed all medical systems around the world. Although the knowledge of this new coronavirus is in development, the most common reason for hospitalization of patients with COVID-19 is a severe respiratory disorder. The thought that any nation can be an island in a coordinated worldwide economy is demonstrated off-base by the presence of the new COVID-19. Worldwide participation, in specific within the field of open wellbeing and financial advancement is basic. All major nations must take an interest effectively. It is as well late to act once the illness has taken hold in numerous other countries and attempt to shut borders once a widespread begun. The aim of this paper is to make an analysis as accurat as possible on the general picture of the pandemic with COVID-19, given that most studies have been conducted clinically and medically, and less in terms of economical effects of this pandemic, the end of which cannot yet be predicted.

Suggested Citation

  • Lucia Zekra, 2020. "COVID-19 Pandemic and Global Economic Impact," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 237-244, August.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:1:p:237-244
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%202/21.pdf
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    References listed on IDEAS

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    1. Warwick McKibbin & Roshen Fernando, 2021. "The Global Macroeconomic Impacts of COVID-19: Seven Scenarios," Asian Economic Papers, MIT Press, vol. 20(2), pages 1-30, Summer.
    2. McKibbin, Warwick J. & Wilcoxen, Peter J., 2013. "A Global Approach to Energy and the Environment," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 995-1068, Elsevier.
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    Cited by:

    1. Ancuta Lucaci & Carmen Nastase & Gabriela Prelipcean, 2021. "Assessment of Innovative Sustainable Businesses in Europe. A Case Study in the field of Renewable Energy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 328-335, August.

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    More about this item

    Keywords

    pandemic; covid-19; infection; trauma;
    All these keywords.

    JEL classification:

    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • I39 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Other

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