Multifaceted perils of the Covid-19 and implications: A Review
DOI:
https://doi.org/10.25115/eea.v39i2.3957Keywords:
Pandemic, lockdown, Poverty, Economic Shocks.Agencies:
Muhammad Nawaz Tunio, Aplen Adria University, Klagenfurt, Austria, Erum Shaikh, University of Sindh, Jamshoro, Sheeraz Lighari, no any financial funding is received from any organizationAbstract
The COVID-19 pandemic has severely affected all countries of the world and has sparked fears of more challenges and recession. Lockdown, social distance, and quarantine conditions have restricted all the business routine. It has unlocked the inflation, poverty, and unemployment, which has increased the world economic burden. A review study is conducted in global perspective. The study helps to understand the economic shocks caused by the COVID-19 an its impact on the important sectors and actors. Based on this study, it can be predicted based on the existing situation that it can trigger inequalities in the societies and economic disparity.
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