scholarly journals THE GLOBAL ECONOMIC IMPACT OF THE COVID-19 OUTBREAK

2020 ◽  
Author(s):  
Khakim Gayurov ◽  
◽  
Munira Toshmatova ◽  
Keyword(s):  
Financial Markets ◽  
Stock Prices ◽  
Global Economy ◽  
World Health ◽  
Bond Yields ◽  
Chinese City ◽  
The World ◽  
Health Organization ◽  
The Impact ◽  
Do So

According to the World Health Organization, the new coronavirus, which first appeared in the Chinese city of Wuhan in December last year, infected more than 110,000 people in at least 110 countries and territories of the world. The virus outbreak has become one of the most serious threats to the global economy and financial markets. Large institutions and banks have reduced their forecasts for the global economy, and the Organization for Economic Co-operation and Development is one of the last countries to do so. Meanwhile, concerns about the impact of coronavirus on the global economy have stirred markets around the world: stock prices and bond yields have plummeted. The continued spread of the new coronavirus has become one of the biggest threats to the global economy and financial markets.

The World Supply Chain Disruption in the perspective of Covid-19 outbreak from China

2020 ◽  
Vol 1 (2) ◽  
pp. 18-27
Author(s):  
Debasri Dey ◽  
MdShakibur Rahman
Keyword(s):  
Supply Chain ◽  
Financial Markets ◽  
Stock Prices ◽  
Global Economy ◽  
Bond Yields ◽  
Chinese City ◽  
The World ◽  
Supply Chain Management System ◽  
World Supply ◽  
Do So

The new coronavirus, first emerged in the Chinese city of Wuhan last December, has infected more than30, 00,000 people in at least 206 countries and territories globally, according to the WHO, till date. The virus outbreak hasbecome one of the biggest threats to the global economy and financial markets. Major institutions and bankshave cut their forecasts for the global economy, with the Organization for Economic Co-operation andDevelopment being one of the latest to do so. Meanwhile, fears of the coronavirus impact on the global economyhave rocked markets worldwide, with stock prices and bond yields plunging. The supply chain management system is also affected by the same phenomenon Worldwide. Based on the aforesaid perspective the disruption of World Supply chain due to the outbreak of Covid-19 from China is discussed in this paper.

Inter-linkages and performance of Asian stock markets amidst COVID 2019

2020 ◽  
Vol 07 (03) ◽  
pp. 2050028
Author(s):  
Rajani B. Bhat ◽  
V. N. Suresh
Keyword(s):  
Financial Markets ◽  
Interest Rates ◽  
Stock Markets ◽  
Global Economy ◽  
Global Financial Crisis ◽  
World Health ◽  
Corona Virus ◽  
The World ◽  
Health Organization ◽  
The Impact

The corona virus outbreak, which originated in China, has infected lakhs of people. Its spread has left businesses around the world counting costs. The corona virus is going global, and it could bring the world economy to a standstill. COVID-2019 that began in the depths of China’s Hubei province is spreading rapidly, persuading the World Health Organization to declare it as a pandemic. There are now significant outbreaks from South Korea to Italy and Iran, from America to Britain. The ongoing spread of the new corona virus has become one of the biggest threats to the global economy and financial markets. The economic impact of the COVID-2019 pandemic has introduced extraordinary volatility in global financial markets, as participants are obliged to reassess their valuations of all investments and associated derivatives as the situation develops. In an environment where uncertainty makes it unusually hard to price assets and for market-makers to operate, exchanges are providing the only way to establish consensus on these valuations in real time. Volatility has reached levels comparable with the Global Financial Crisis of 2008, with one-day losses not seen since 1987. The situation is made more challenging by high levels of indebtedness and already low interest rates. The financial markets are all integrated into one as global markets in the current era of globalization. It is important that financial markets remain able to perform their role — providing investors with liquidity, facilitating price discovery, and allowing for risk transfer and the transmission of monetary policy. This study aims at examining the performance of the selected Asian stock markets amidst the times of COVID-2019. This study intends to examine the interlinkages of Asian stock markets selected and to observe the impact of COVID-2019 on these markets. The period of study is from 1st December, 2019 to 31st March, 2020. The tools adopted for the study are correlation, regression, ANOVA and paired sample [Formula: see text] test.

scholarly journals COVID-19 pandemic: A review of the global lockdown and its far-reaching effects

2021 ◽  
Vol 104 (2) ◽  
pp. 003685042110198
Author(s):  
Helen Onyeaka ◽  
Christian K Anumudu ◽  
Zainab T Al-Sharify ◽  
Esther Egele-Godswill ◽  
Paul Mbaegbu
Keyword(s):  
Mental Health ◽  
Global Economy ◽  
World Health ◽  
Global Pandemic ◽  
The World ◽  
Education Delivery ◽  
Environmental Air ◽  
Health Organization ◽  
Almost All ◽  
The Impact

COVID-19, caused by the severe acute respiratory syndrome coronavirus-2 (SARS-CoV-2), was declared a pandemic by the World Health Organization (WHO) on the 11th of March 2020, leading to some form of lockdown across almost all countries of the world. The extent of the global pandemic due to COVID-19 has a significant impact on our lives that must be studied carefully to combat it. This study highlights the impacts of the COVID-19 pandemic lockdown on crucial aspects of daily life globally, including; Food security, Global economy, Education, Tourism, hospitality, sports and leisure, Gender Relation, Domestic Violence/Abuse, Mental Health and Environmental air pollution through a systematic search of the literature. The COVID-19 global lockdown was initiated to stem the spread of the virus and ‘flatten the curve’ of the pandemic. However, the impact of the lockdown has had far-reaching effects in different strata of life, including; changes in the accessibility and structure of education delivery to students, food insecurity as a result of unavailability and fluctuation in prices, the depression of the global economy, increase in mental health challenges, wellbeing and quality of life amongst others. This review article highlights the impacts of the COVID-19 pandemic lockdown across the globe. As the global lockdown is being lifted in a phased manner in various countries of the world, it is necessary to explore its impacts to understand its consequences comprehensively. This will guide future decisions that will be made in a possible future wave of the COVID-19 pandemic or other global disease outbreak.

scholarly journals Impact of Covid-19 on the Global Economy and Migration

2021 ◽  
Vol 8 (8) ◽  
pp. 251-260
Author(s):  
Maryam Adli ◽  
Amama Saleem ◽  
Tamima Saleem ◽  
Hawa Adli ◽  
Maria Adli
Keyword(s):  
Global Economy ◽  
World Health ◽  
Modern World ◽  
Social Challenges ◽  
Global Pandemic ◽  
The World ◽  
And Migration ◽  
Immigrant Detention ◽  
Health Organization ◽  
The Impact

The World Health Organization stated COVID-19 a global pandemic, it has quickly spread all over the world, posing immense health, environmental and social challenges to the global population. The coronavirus outbreak is critically interrupting the global trade and has shattered the core sustaining pillars of the modern world economies. Concerns have been raised about policy changes, enforcement actions, immigrant detention, and deportation practices during the outbreak. The impact of COVID-19 on these trends implies new dimensions for global governance and organizations. This article seeks to highlight Azerbaijan's problems in the context of the battle against a pandemic. Because a country's economy has been impacted, a comprehensive study may give a better understanding of the results, illuminating the areas that require more assistance and growth.

scholarly journals COVID-19 Impact on Public Health, Environment, Human Psychology, Global Socioeconomy, and Education

2022 ◽  
Vol 2022 ◽  
pp. 1-8
Author(s):  
Youssef Miyah ◽  
Mohammed Benjelloun ◽  
Sanae Lairini ◽  
Anissa Lahrichi
Keyword(s):  
Global Economy ◽  
World Health ◽  
Human Psychology ◽  
Advantages And Disadvantages ◽  
Global Pandemic ◽  
Quality Of Water ◽  
The World ◽  
To Come ◽  
Health Organization ◽  
The Impact

The end of the year 2019 was marked by the introduction of a third highly pathogenic coronavirus, after SARS-CoV (2003) and MERS-CoV (2012), in the human population which was officially declared a global pandemic by the World Health Organization (WHO) on March 11, 2020. Indeed, the pandemic of COVID-19 (Coronavirus Disease 19) has evolved at an unprecedented rate: after its emergence in Wuhan, the capital of the province of Hubei of the People's Republic of China, in December 2019, the total number of confirmed cases did not cease growing very quickly in the world. In this manuscript, we have provided an overview of the impact of COVID-19 on health, and we have proposed different nutrients suitable for infected patients to boost their immune systems. On the other hand, we have described the advantages and disadvantages of COVID-19 on the environment including the quality of water, air, waste management, and energy consumption, as well as the impact of this pandemic on human psychology, the educational system, and the global economy. In addition, we have tried to come up with some solutions to counter the negative repercussions of the pandemic.

scholarly journals Impact of Covid-19 on Islamic Stock Markets: An Investigation using Threshold Volatility and Event Study Models

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Mohammad Irfan ◽  
Salina Kassim ◽  
Sonali Dhimmar
Keyword(s):  
Event Study ◽  
Stock Markets ◽  
Global Economy ◽  
Stock Exchange ◽  
World Health ◽  
Global Pandemic ◽  
The World ◽  
Socio Economic Impact ◽  
Health Organization ◽  
The Impact

The Covid-19 is an unexpected event in the world history with substantial socio-economic impact on the global economy. The global financial market was also badly affected as reflected by the extreme volatility as well as weak performances in the stock markets all over the world.  How do the Islamic stock markets in various parts of the world behave during the Covid-19 shock? The objective of this study is to identify the impact of the Covid-19 pandemic as declared by the World Health Organization on the Islamic stock markets. Using the threshold volatility and event study models, the study analyses the impact of the Covid-19 announcement on the Islamic stock indices in the Indian Stock Exchange (represented by the Bombay Stock Exchange - BSE Shariah Index) and Indonesian Stock Exchange (represented by the Jakarta Islamic Indices - JII). With the date of event identified as 11th March 2020, the event window consists of 60, 30, and 20 days. The results show that the BSE Shariah and JII have positive coefficients, with the BSE Shariah Index shows negative response to the announcement of Covid-19 as global pandemic. On the other hand, the JII reacted positively to the event. The study shows the reaction of a stock exchange is dependent on other economic factors unique to the country, resulting in the events impact of the Covid-19 to vary from one country to another.

scholarly journals COVID-19: Key global impacts on the construction industry and proposed coping strategies

2021 ◽  
Vol 263 ◽  
pp. 05056
Author(s):  
Ihsan Ali Husien ◽  
Zelentsov Borisovich ◽  
Ahmed Adel Naji
Keyword(s):  
Coping Strategies ◽  
Construction Industry ◽  
Global Economy ◽  
Construction Projects ◽  
Local Level ◽  
World Health ◽  
The World ◽  
Global Impacts ◽  
Health Organization ◽  
The Impact

The construction industry is an essential tributary of the global economy and an important resource in the overall product of the local economies. In December 2019, the construction industry was exposed to a shock beyond the local level as a result of COVID-19, which was classified by the World Health Organization as a global pandemic after its rapid and sudden spread in multiple countries. The nature of the effects of COVID-19 on the construction industry varied according to the diversity of its projects. The pandemic raised many challenges at the level of the workforce, low or halting productivity, production time and costs, as well as disputes in contractual formulas for construction projects. But some of the effects were more severe and caused consequences for all stakeholders in the construction sector. Researchers and those interested in the construction industry have dealt with the repercussions of COVID-19, but most of the publications focused on studying the impact of the pandemic on the local construction industry, so this paper attempts to shed light on the most prominent effects of COVID-19 on the construction industry around the world, and which were repeated with high frequency in previous studies and reports by following the methodology of review, analysis and selection, and then suggesting optimal coping strategies to reduce the damages of these effects.

scholarly journals About the Distance Learning System Introduced During the COVID-19 Pandemic

2020 ◽  
Vol 4 (39) ◽  
pp. 68-73
Author(s):  
Galiya Orazova ◽  
◽  
Nessibeldy Musagalieva ◽  
Arailym Beisbekova ◽  
Roza Suleymenova ◽  
...  
Keyword(s):  
Distance Learning ◽  
Global Economy ◽  
Learning System ◽  
World Health ◽  
Free Access ◽  
Distance Learning System ◽  
The World ◽  
Health Organization ◽  
Economy And Education ◽  
The Impact

The World Health Organization has declared the COVID-19 pandemic one of the main threats to humanity, as it affected not only the health care system, but also the global economy and education system around the world. All educational institutions, schools, colleges, universities were massively closed. In 2020, every fifth student in the world did not attend school. Today, distance learning is popular due to a number of advantages. This is, first of all, the availability of information about all knowledge in one place, so that each student has free access to content anywhere and at any time. However, there are also certain negative aspects of distance learning. In this paper, we conducted a comparative analysis of the positive and negative aspects of distance learning using a review of the literature available to us. The manuscript was prepared as part of the diploma work of N.K. Zhasulanov on the topic: «Assessment of the impact of distance learning introduced during the COVID-19 pandemic on the level of knowledge of students (for example, Astana Medical University)»

scholarly journals Impacts and consequences of COVID-19 epidemic on global economy

Coronaviruses ◽  
2020 ◽  
Vol 01 ◽  
Author(s):  
Pallavi Nayak ◽  
Vijay Mishra ◽  
Manvendra Singh ◽  
Murtaza M. Tambuwala
Keyword(s):  
Global Economy ◽  
World Economy ◽  
Chinese Economy ◽  
World Health ◽  
The Novel ◽  
Chinese City ◽  
Industrial Sectors ◽  
The World ◽  
Health Organization ◽  
Human Kind

Background: Since Coronavirus (COVID-19) increasing its influence from China and spreading its reservoir to neighboring areas and other nations, expanded national and foreign efforts are being made to control this epidemic. Methods: This review incorporated the information dipicting the effect of COVID-19 on different industrial sectors. Results: According to the World Health Organization, the outbreak was first identified in the Chinese city of Wuhan in December 2019 and has affected more than 17660523 people (confirmed cases) worldwide and more than 680894 people have died. In addition to its alarming impact on human health, the novel strain of COVID-19 has dramatically slow down not just the Chinese economy but also the world economy. The increased uncertainty has led to financial market volatility. Conclusion: Some firm decisions and policies must be framedout to stabilize the world economy so that untowards socioeconomic impact cannot be sustained for longer period of time for the welfare of human kind.

Characterizing the effectiveness of COVID-19 mitigation measures: A data-centric approach (Preprint)

2020 ◽  
Author(s):  
Lukman Olagoke ◽  
Ahmet E. Topcu
Keyword(s):  
Control Measure ◽  
Control Measures ◽  
World Health ◽  
Mitigation Measures ◽  
Effective Control ◽  
The World ◽  
Decision Making Processes ◽  
And Performance ◽  
Health Organization ◽  
The Impact

BACKGROUND COVID-19 represents a serious threat to both national health and economic systems. To curb this pandemic, the World Health Organization (WHO) issued a series of COVID-19 public safety guidelines. Different countries around the world initiated different measures in line with the WHO guidelines to mitigate and investigate the spread of COVID-19 in their territories. OBJECTIVE The aim of this paper is to quantitatively evaluate the effectiveness of these control measures using a data-centric approach. METHODS We begin with a simple text analysis of coronavirus-related articles and show that reports on similar outbreaks in the past strongly proposed similar control measures. This reaffirms the fact that these control measures are in order. Subsequently, we propose a simple performance statistic that quantifies general performance and performance under the different measures that were initiated. A density based clustering of based on performance statistic was carried out to group countries based on performance. RESULTS The performance statistic helps evaluate quantitatively the impact of COVID-19 control measures. Countries tend show variability in performance under different control measures. The performance statistic has negative correlation with cases of death which is a useful characteristics for COVID-19 control measure performance analysis. A web-based time-line visualization that enables comparison of performances and cases across continents and subregions is presented. CONCLUSIONS The performance metric is relevant for the analysis of the impact of COVID-19 control measures. This can help caregivers and policymakers identify effective control measures and reduce cases of death due to COVID-19. The interactive web visualizer provides easily digested and quick feedback to augment decision-making processes in the COVID-19 response measures evaluation. CLINICALTRIAL Not Applicable

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