COVID-19 and its Impact and Repercussions on Global World

Authors

  • Badar Alam Iqbal Professor Extraordinaires, School of Transdisciplinary Research and Graduate Studies [STRGS), University of South Africa, Pretoria

DOI:

https://doi.org/10.33516/maj.v55i8.96-98p

Keywords:

No Keywords.

Abstract

The global economy as a whole, irrespective of developed and developing economies; has been passing through a very critical juncture, affecting almost all the economic and social indicators of the economies across the globe. The economic and social damage is so huge that for every country, it is becoming very difficult to review their respective economic and social indicators and put their respective economies back on the track. With this backdrop, the present paper discusses the trends emerging out from the outbreak of COVID-19; effects on global trade; repercussions of COVID-19 and how to minimize the loss economic and social due to outbreak of COVID-19.

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Published

2020-08-31

How to Cite

Iqbal, B. A. (2020). COVID-19 and its Impact and Repercussions on Global World. The Management Accountant Journal, 55(8), 96–98. https://doi.org/10.33516/maj.v55i8.96-98p

Issue

Section

COVID 19 - Economic Impact

References

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2. Gopinath, G. (2020). The Great lockdown: Worst Economic Downturn Since the Great Depression. IMF Blog. International Monetary Fund. Retrieved from https://blogs.imf.org/2020/04/14/the-great-lockdown-worst-economicdownturnsince-the-great-depression/

3. Khan, D. and Khan, L.Y. (2020). The Economic Impact of Covid -19 on Developing Countries. http://www.ipsnews.net/2020/04/the-economic-impact-of-covid-19-on-developingcountries/

4. Ozili, P. and Arun, T. (2020). Spillover of COVID-19: impact on the Global Economy. SSRN Electronic Journal. DOI: 10.2139/ssrn.3562570

5. World Economic Forum. (2020). COVID-19 Risks Outlook: A Preliminary Mapping and its Implications. Report. Retrieved from https://www.weforum.org/reports/covid-19-risks-outlookapreliminary-mapping-and-its-implications

6. World Health Organization. 2020. Novel Coronavirus (2019nCoV) Situation Report - 12.

7. World Trade Organization. (2020). Trade set to plunge as COVID-19 pandemic upends global economy. Press Release. Retrieved from https://www.wto.org/english /news_e/ pres20_e/pr855_e.htm

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