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The Covid-19 pandemic lockdown: Curtailing the negative economic impacts

Olawale Isaac Wale-Awe ()
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Olawale Isaac Wale-Awe: Strides Educational Foundation

BizEcons Quarterly, 2020, vol. 8, 3-14

Abstract: This paper traces the history of pandemics over the last 2,000 years and determines the adverse economic effects of the current Covid-19 on the ten largest economies in the world today, bringing out an association between economic development and the spread of the virus by using GDP, manufacturing exports and deaths as percentage of reported cases. Public and private sector policy measures to resolve the crisis and return to a new normalcy are the hallmarks of the recommendations for governments and firms. It is concluded that the genetic instincts of homo sapiens to survive would help in the battle to rescue the world economy from the doldrums.

Keywords: Covid-19; Economic impact; Policy measures; World economy (search for similar items in EconPapers)
JEL-codes: Q01 Q40 (search for similar items in EconPapers)
Date: 2020
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