Covid-19 and its effects on economic growth: a review of the literature
Keywords:
Gross Domestic Product, Economic growth, Pandemic COVID-19, social distancing, technology. JEL Classification: E0, E6, F4, F10, F43, F63, G41.Abstract
The recent economic difficulties encountered by people all over the world have been exacerbated by pandemic COVID 19 developments. This paper is based on a review of recent literature on the impact of the pandemic on the economy, with the findings indicating a very significant impact not only on the business cycle but also on general social life. State governments have taken measures ranging from mild to severe in two directions in response to the pandemic. The first is concerned with the protection of life or the abolition of the pandemic, while the others are concerned with economic security. Among the harsh measures were the total closure of schools, gastronomy, transportation, and so on, which calls for a reduction in population.
Downloads
Published
How to Cite
Issue
Section
License
So that authors and publisher may be protected from the consequences of unauthorized use of the contents published in IJME, we require, as a condition of publication, that authors assign us all rights, including subsidiary rights, to their work. This enables us to promote and distribute the contribution in professionally appropriate venues. Authors have nonexclusive license to use their work without charge and without further permission after it has been published by IJME, as long as the IJME publication is referenced.
