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The Geoconomic Impact of COVID-19 on the Global Economy

Oana Iuliana Rujoiu ()
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Oana Iuliana Rujoiu: The Bucharest University of Economics Studies

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 2, 493-499

Abstract: This article aims to contextualize the economic impact of the COVID-19 pandemic and highlight the different monetary policies and their social and geopolitical effects at the global and European levels. The first part of the article demonstrates that the current global crisis cannot be attributed to the effects of the coronavirus and containment measures alone, but to structural weaknesses in the world economy, which have not been corrected after the 2008 crisis. Then, starting from the available data on the pandemic and the financial crisis's economic impact, the following considers the possible economic policies to overcome the crisis and their social and geopolitical effects level of Europe and the world.

Keywords: pandemic; covid19; financial crisis; economy (search for similar items in EconPapers)
JEL-codes: G01 (search for similar items in EconPapers)
Date: 2020
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