ECONOMIC EFFECTS OF COVID 19 ON COUNTRIES Cover Image

COVİD 19-UN ÜLKELER ÜZERİNDEKİ EKONOMİK ETKİLERİ
ECONOMIC EFFECTS OF COVID 19 ON COUNTRIES

Author(s): Shehla EYVAZOVA
Subject(s): National Economy, Supranational / Global Economy, Health and medicine and law, Financial Markets
Published by: Sage Yayınları
Keywords: Covid-19; economy; effects of the epidemic;

Summary/Abstract: The study focuses on the economic effects of the crisis caused by the Covid-19 epidemic on countries and discusses the economic channels in which economic activities can be affected. Despite the Covid-19 epidemic, which started in Wuhan, China at the end of 2019 and spread all over the world, by the middle of 2021, it has affected every aspect of daily life, especially health and economy - from markets to medicines, from travel to events, from sports to funerals, from economy to politics and from religion to social rights. shaken so much, its effect will be deep and lasting. The negative effects of COVID19 on the global economy still continue. The evolution of the disease and its economic impact are rather uncertain. Due to its high contagiousness, high death rate and incubation period, the main preventive measures are to control social distancing and isolation, which makes many economic activities impossible. It also includes information about the inflation indicators, unemployment rates and the countries and sectors affected by the epidemic. . The study then examines the potential global economic costs of the Covid-19 epidemic and includes the measures to be taken and the policies to be implemented to prevent the spread of the epidemic. The data come from various reports published by various organizations and institutions around the world and the recent limited research literature available on the subject. The sad truth is that the current course of the pandemic shows that the impact of the epidemic on the economy of all countries of the world will be great, especially the effects on the finance and hospitality industry will be significant and long-lasting.

  • Issue Year: 13/2021
  • Issue No: Sp. Issue
  • Page Range: 307-313
  • Page Count: 7
  • Language: Turkish