Features of the COVID-19 Crisis – Reflections of Economic and Financial Indicators
Recently, the world economy has been under strong pressure from several major events, with the COVID-19 crisis being one of them. Usually, the economic crises are specific to the financial environment, but the COVID-19 crisis is exogenous to the financial system, being induced by the political decis...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Ovidius University Press
2022-09-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
| Subjects: | |
| Online Access: | https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%203/6.pdf |
| _version_ | 1797995919281487872 |
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| author | Adina Criste Iulia Lupu |
| author_facet | Adina Criste Iulia Lupu |
| author_sort | Adina Criste |
| collection | DOAJ |
| description | Recently, the world economy has been under strong pressure from several major events, with the COVID-19 crisis being one of them. Usually, the economic crises are specific to the financial environment, but the COVID-19 crisis is exogenous to the financial system, being induced by the political decision taken by the states of the world to quarantine the economy because of the pandemic. The article aims to highlight the main features that define the COVID-19 pandemic crisis, in economic and financial terms, analysing the development of specific indicators during the crisis, at the level of several countries, both developed and emerging. The financial sector has played a double role: on the one hand as the channel of transmission to the real economy of the reaction to the initial shock, and on the other hand, as a factor in shaping the initial conditions that have increased the sensitivity of the economy to shock |
| first_indexed | 2024-04-11T10:09:18Z |
| format | Article |
| id | doaj.art-3932198e777246e1b32efcca2ce57e84 |
| institution | Directory Open Access Journal |
| issn | 2393-3127 |
| language | English |
| last_indexed | 2024-04-11T10:09:18Z |
| publishDate | 2022-09-01 |
| publisher | Ovidius University Press |
| record_format | Article |
| series | Ovidius University Annals: Economic Sciences Series |
| spelling | doaj.art-3932198e777246e1b32efcca2ce57e842022-12-22T04:30:09ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272022-09-01XXII1215223Features of the COVID-19 Crisis – Reflections of Economic and Financial IndicatorsAdina Criste0Iulia Lupu 1“Victor Slăvescu” Centre for Financial and Monetary Research, Romania“Victor Slăvescu” Centre for Financial and Monetary Research, RomaniaRecently, the world economy has been under strong pressure from several major events, with the COVID-19 crisis being one of them. Usually, the economic crises are specific to the financial environment, but the COVID-19 crisis is exogenous to the financial system, being induced by the political decision taken by the states of the world to quarantine the economy because of the pandemic. The article aims to highlight the main features that define the COVID-19 pandemic crisis, in economic and financial terms, analysing the development of specific indicators during the crisis, at the level of several countries, both developed and emerging. The financial sector has played a double role: on the one hand as the channel of transmission to the real economy of the reaction to the initial shock, and on the other hand, as a factor in shaping the initial conditions that have increased the sensitivity of the economy to shockhttps://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%203/6.pdfglobal crisispolitical decisionsstock market indicesglobal economydeep uncertainty |
| spellingShingle | Adina Criste Iulia Lupu Features of the COVID-19 Crisis – Reflections of Economic and Financial Indicators Ovidius University Annals: Economic Sciences Series global crisis political decisions stock market indices global economy deep uncertainty |
| title | Features of the COVID-19 Crisis – Reflections of Economic and Financial Indicators |
| title_full | Features of the COVID-19 Crisis – Reflections of Economic and Financial Indicators |
| title_fullStr | Features of the COVID-19 Crisis – Reflections of Economic and Financial Indicators |
| title_full_unstemmed | Features of the COVID-19 Crisis – Reflections of Economic and Financial Indicators |
| title_short | Features of the COVID-19 Crisis – Reflections of Economic and Financial Indicators |
| title_sort | features of the covid 19 crisis reflections of economic and financial indicators |
| topic | global crisis political decisions stock market indices global economy deep uncertainty |
| url | https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%203/6.pdf |
| work_keys_str_mv | AT adinacriste featuresofthecovid19crisisreflectionsofeconomicandfinancialindicators AT iulialupu featuresofthecovid19crisisreflectionsofeconomicandfinancialindicators |