La Revue des Sciences Commerciales
Volume 20, Numéro 2, Pages 109-126
2021-07-03
The Novelty Corona Virus Pandemic And Its Effects On The Global Economy
Authors : Rafika Sebbagh .
Abstract
This study aimed to show the economic effects of the spread of the Coronavirus on various developing and developed countries, It is noticeable that the results of this crisis are the worst and most influential if compared to previous crises in the global economy. Its consequences, in addition to the large human losses witnessed by the world as a whole, included economic losses, especially in the financial markets. The tourism and aviation sector ... given that this virus hindered production, export and air transport, and at a time when many economic sectors were affected by the Corona epidemic. Other sectors have realized gains, for example, such as the pharmaceutical industry, the mask industry, and the digital economy. On the other hand, the environment is the largest recipient of the repercussions of the crisis .Thousands of factories around the world have stopped pumping their toxic gases,This resulted in a significant reduction in CO2 emissions.
Keywords
Financial markets, gross domestic product, international trade, environment, poverty and unemployment.
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