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The effects and consequences of COVID-19

In: The Economics of COVID-19

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Abstract

The Covid-19 pandemic has impacted the world in ways that have not been experienced in generations. It is unquestionably one of the most significant global events in recent history, impacting every aspect of daily life. This chapter is devoted to an examination of the economic and social effects of Covid-19. The effects considered are the macroeconomic effects, financial effects (corporate debt, stock markets, oil prices, banks and financial institutions, and foreign exchange markets), the sectoral effects (GDP by sector, arts and cultural heritage, aviation, sporting events, international tourism and higher education), and socio-economic effects (crime, domestic violence and poverty). A comparison between the Covid-19 crisis and the global financial crisis is presented.

Suggested Citation

  • ., 2021. "The effects and consequences of COVID-19," Chapters, in: The Economics of COVID-19, chapter 3, pages 42-74, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20266_3
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    File URL: https://www.elgaronline.com/view/9781800377219.00010.xml
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    Cited by:

    1. Idris, Mohammed & Alkhawaja, Linda & Ibrahim, Hanan, 2023. "Gender disparities among students at Jordanian universities during COVID-19," International Journal of Educational Development, Elsevier, vol. 99(C).

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