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Economics and Financial Implications of Coronavirus Disease (COVID-19)

Economics and Financial Implications of Coronavirus Disease (COVID-19)
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Author(s): Salha Ben Salem (University of Monastir, Tunisia) and Nadia Mansour (University of Sousse, Tunisia & University of Salamanca, Spain)
Copyright: 2021
Pages: 17
Source title: Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization
Source Author(s)/Editor(s): Yilmaz Bayar (Bandirma Onyedi Eylul University, Turkey)
DOI: 10.4018/978-1-7998-4459-4.ch031

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Abstract

The strong spread of coronavirus (COVID-19) in a very short time has revised the global forecasts and the focus has revolved into economic and financial recovery. During this crisis, the stakes will depend on the combination of health and economic policy, the behavior of people, and the condition of the financial market and industries. This chapter highlights the huge economic and financial impact of Coronavirus, especially in the Eurozone and the USA, and how these governments are responding to this worst crisis. Further, it highlights the different lines of modification of the “Brexit” agreement. Finally, this chapter deals with the important effect of globalization in the context of this health crisis.

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