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The Impact of Economic Crisis Due to COVID-19 Pandemic

Anjali, R. D. - 2021

COVID-19 is the communicable disease caused by the most recently discovered Corona Virus.2019 to at present World maximum countries are expiring COVID-19 and wide spread of the virus with number of variants already carried off a considerable amount of lives. All the affected countries have been...

Persistent link: https://www.econbiz.de/10013214802

The Distributional Impact of Recessions : The Global Financial Crisis and the Pandemic Recession

Shibata, Ippei - 2020

Using the U.S. Current Population Survey data, this paper compares the distributional impacts of the Pandemic Crisis and those of the Global Financial Crisis in terms of (i) worker characteristics, (ii) job characteristics-'social' (where individuals interact to consume goods), 'teleworkable'...

Persistent link: https://www.econbiz.de/10012828220

Profile of the Economic Decline Caused by COVID-19

Dissanayake, Ushani - 2021

Most Sri Lankan organizations, especially in the fields of tourism, education and apparel, Industries, are currently facing major difficulties in terms of economy, owing to the prevailing COVID-19 situation. The virus situation which follows the Easter attack that occurred in 2019, has...

Persistent link: https://www.econbiz.de/10013215107

COVID-19 and Tourism

Rajapaksha, Kumarasiri - 2021

Tourism is one of the sectors most affected by the COVID-19 pandemic. Indeed the number of international tourist arrivals declined by 84 per cent between march and December 2020 compared with the previous year, according to data observed by UNWTO. Based on a range of tourist arrivals...

Persistent link: https://www.econbiz.de/10013215096

Global Recession to Global Recovery : Macro and Micro Dynamics of Trade, Finance and Investment

Chugan, Pawan K. - 2012

It is well known fact that all good things, as also bad things, come to an end and business cycles pass through good and bad economic times. Economically 2010 was a year of transition from economic recession to recovery. Economies were improving in some countries and industries were showing...

Persistent link: https://www.econbiz.de/10013110884

Regulating in Pandemic : Evaluating Economic and Financial Policy Responses to the Coronavirus Crisis

Hafiz, Hiba - 2020

The United States is currently trying to manage a fast-moving public health crisis due to the coronavirus outbreak … provisions of H.R. 6201 (the “Families First Coronavirus Responses Act”) passed by the house on March 14, 2020, subject to … on March 18, 2020. Next, it analyzes the provisions of H.R. 748 (the “Coronavirus Aid, Relief, and Economic Security Act …

Persistent link: https://www.econbiz.de/10012839295

Economics of the financial crisis : any lessons for the pandemic downturn and beyond?

Elyassi, Hamid - In: Contemporary economics 15 (2021) 1, pp. 100-121

The world economy entered the third decade of this century with uncertainties and challenges of COVID-19 pandemic before it had fully recovered from the lingering aftereffects of the financial crisis. The financial crisis ended a period of overall global economic growth and price stability...

Persistent link: https://www.econbiz.de/10012485796

The Economic Impact of Pandemics : Real and Financial Transmission Channels

Malliaropulos, Dimitris; Balfoussia, Hiona; Gibson, … - 2022

We explore the economic impact of the pandemic and the importance of real and financial sector linkages in this context. We explicitly model the financial sector and trace its role in propagating the pandemic shocks. We find that the pandemic-induced adverse labour supply shock can have sizable...

Persistent link: https://www.econbiz.de/10013492298

Covid-19 and Other Pandemics : A Literature Review for Economists

Anyfantaki, Sofia; Balfoussia, Hiona; Dimitropoulou, Dimitra - 2022

We provide a comprehensive review of the literature on the economic impact of pandemics and identify the transmission channels at play. The primary channel comes from the supply side, as pandemics reduce both the quantity and the quality of labour. They can also lead to a destruc-tion of...

Persistent link: https://www.econbiz.de/10014077852

COVID Crisis : Fiscal, Monetary and Macro-financial Policy Responses

Sarker, Provash - 2020

The ongoing COVID-19 pandemic in the world is deepening a profound impact and economic uncertainty. In essence, lockdown and social distancing measures are triggering losses in global production, supply, trades, investments, and employment. This article, to counteract the economic losses and...

Persistent link: https://www.econbiz.de/10012834040