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The Geoconomic Impact of COVID-19 on the Global Economy

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  • Oana Iuliana Rujoiu

    (The Bucharest University of Economics Studies)

Abstract

This article aims to contextualize the economic impact of the COVID-19 pandemic and highlight the different monetary policies and their social and geopolitical effects at the global and European levels. The first part of the article demonstrates that the current global crisis cannot be attributed to the effects of the coronavirus and containment measures alone, but to structural weaknesses in the world economy, which have not been corrected after the 2008 crisis. Then, starting from the available data on the pandemic and the financial crisis's economic impact, the following considers the possible economic policies to overcome the crisis and their social and geopolitical effects level of Europe and the world.

Suggested Citation

  • Oana Iuliana Rujoiu, 2020. "The Geoconomic Impact of COVID-19 on the Global Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 493-499, December.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:2:p:493-499
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    References listed on IDEAS

    as
    1. World Bank, "undated". "World Bank East Asia and Pacific Economic Update, April 2020," World Bank Publications - Reports 33477, The World Bank Group.
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    More about this item

    Keywords

    pandemic; covid19; financial crisis; economy;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises

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