ISSN (Print): 2395-1737

International Journal of Academic Research & Development

Published by Bharti Publications, Established-2015
Research

Global Economic Impact of COVID – 19 Pandemic: An Empirical Study

Brigadier Sujeet Shivaji Patil*

* Corresponding author

Abstract

The virus is also commonly known as Coronavirus or SARS-CoV-2, which affects the respiratory system of the human body. Till 5th December’20, 65,257,767 confirmed cases including 1,513,179 deaths had been reported by World Health Organisation. The virus is so dangerous that no spared even Mr Donald Trump, the President of United States of America, British Prime Minister, Boris Johnson and many more renowned personalities of the world. Due to long lock down and interval of economic activities, the world facing an economic recession. In this paper, researcher analyzed global recession and the factors involved in it, and carefully concluded some predictions about the economic condition in post pandemic era.

Keywords: COVID – 19, Economic Recession, Global Economy, Impact Analysis

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