What is Coronavirus pandemic and can it be stopped?

  • May 02, 2020
  • 12
  • 3346

Containing the coronavirus pandemic and its impact on the global economy

There is widespread agreement among economists that COVID-19 will have significant negative impacts on the global economy, where 2.4% of losses on GDP over 2020 leading much reducing 2020 forecasts of global economic growth (Figure 2). Additionally, global stock markets (Figure 1), unemployment rate (Figure 3), and oil price (Figure 4) suffered dramatic falls.
Figure 1
Figure 2
Figure 3