CORONAVIRUS IMPACT ON GLOBAL ECONOMY

The COVID-19 pandemic is having a severe effects on both workers and employers in different countries and industries worldwide. In this paper we analyzed the impact of the corona crisis on the global economic growth and the main questions addressed here are the effects of corona crisis on the glob...

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Main Authors: MERI BOSHKOSKA, NIKOLCHE JANKULOVSKI
Format: Article
Language:English
Published: Academica Brâncuşi 2020-08-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Subjects:
Online Access:http://www.utgjiu.ro/revista/ec/pdf/2020-04/02_Boshkoska.pdf
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author MERI BOSHKOSKA
NIKOLCHE JANKULOVSKI
author_facet MERI BOSHKOSKA
NIKOLCHE JANKULOVSKI
author_sort MERI BOSHKOSKA
collection DOAJ
description The COVID-19 pandemic is having a severe effects on both workers and employers in different countries and industries worldwide. In this paper we analyzed the impact of the corona crisis on the global economic growth and the main questions addressed here are the effects of corona crisis on the global manufacturing activity and service industry. The research results showed that at the beginning of 2020 when the coronavirus emerged in Wuhan, China and has spread around the world causing a pandemic, it brought the global economy on its knees in a very short period of time. Also, the results indicate that the global economy will take years to recover from the corona crisis. The research is done by exploring of the latest economic analysis related to the COVID-19 pandemic in order to identify its effects on world economy throughout the first half of 2020
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spelling doaj.art-658c6b7c66864438aeceaf020d94af032022-12-22T03:16:58ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70071844-70072020-08-0141824CORONAVIRUS IMPACT ON GLOBAL ECONOMYMERI BOSHKOSKA0NIKOLCHE JANKULOVSKI 1FACULTY OF ECONOMICS – PRILEP UNIVERSITY “ST.KLIMENT OHRIDSKI” – BITOLA, REPUBLIC OF NORTH MACEDONIAFACULTY OF BIOTECHNICAL SCIENCE – BITOLA UNIVERSITY “ST.KLIMENT OHRIDSKI” – BITOLA, REPUBLIC OF NORTH MACEDONIAThe COVID-19 pandemic is having a severe effects on both workers and employers in different countries and industries worldwide. In this paper we analyzed the impact of the corona crisis on the global economic growth and the main questions addressed here are the effects of corona crisis on the global manufacturing activity and service industry. The research results showed that at the beginning of 2020 when the coronavirus emerged in Wuhan, China and has spread around the world causing a pandemic, it brought the global economy on its knees in a very short period of time. Also, the results indicate that the global economy will take years to recover from the corona crisis. The research is done by exploring of the latest economic analysis related to the COVID-19 pandemic in order to identify its effects on world economy throughout the first half of 2020http://www.utgjiu.ro/revista/ec/pdf/2020-04/02_Boshkoska.pdfcovid-19coronaviruscrisiseconomic slowdownglobal economyblack swan.
spellingShingle MERI BOSHKOSKA
NIKOLCHE JANKULOVSKI
CORONAVIRUS IMPACT ON GLOBAL ECONOMY
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
covid-19
coronavirus
crisis
economic slowdown
global economy
black swan.
title CORONAVIRUS IMPACT ON GLOBAL ECONOMY
title_full CORONAVIRUS IMPACT ON GLOBAL ECONOMY
title_fullStr CORONAVIRUS IMPACT ON GLOBAL ECONOMY
title_full_unstemmed CORONAVIRUS IMPACT ON GLOBAL ECONOMY
title_short CORONAVIRUS IMPACT ON GLOBAL ECONOMY
title_sort coronavirus impact on global economy
topic covid-19
coronavirus
crisis
economic slowdown
global economy
black swan.
url http://www.utgjiu.ro/revista/ec/pdf/2020-04/02_Boshkoska.pdf
work_keys_str_mv AT meriboshkoska coronavirusimpactonglobaleconomy
AT nikolchejankulovski coronavirusimpactonglobaleconomy