Pandemics and Economic Crisis

Bhaskar Bagchi (), Susmita Chatterjee (), Raktim Ghosh () and Dhrubaranjan Dandapat ()
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Bhaskar Bagchi: University of Gour Banga
Susmita Chatterjee: Maharaja Manindra Chandra College
Raktim Ghosh: University of Gour Banga
Dhrubaranjan Dandapat: University of Gour Banga

Chapter 2 in Coronavirus Outbreak and the Great Lockdown, 2020, pp 5-14 from Springer

Abstract: Abstract The spread of the COVID-19 is causing worldwide downturn in economic activity and creating crisis in spheres of life. World has witnessed several crisis situations due to outbreak of epidemic, world wars and financial insurgency. The coronavirus outbreak has already had massive negative implications for the global economies with supply chain disruptions and disintegration across the globe. The positivity of globalization, enjoyed by all the nations, is now disappearing with restrain in movements of both people and product. The consumption of goods and services including energy is plunging throughout the globe.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-981-15-7782-6_2

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DOI: 10.1007/978-981-15-7782-6_2

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