2020
DOI: 10.1007/978-981-15-7782-6
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Coronavirus Outbreak and the Great Lockdown

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Cited by 20 publications
(6 citation statements)
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“…This study examines the relationship between renewable energy usage and technological innovation on environmental sustainability in India using annual data from the World Bank (World Development Indicator/WDI) covering the years 1990-2020. Further, this study is carried out following the novelty of the works conducted by Bagchi (2016), Bagchi (2017), Bagchi et al (2020), and Bagchi & Paul (2023).…”
Section: Methodsmentioning
confidence: 99%
“…This study examines the relationship between renewable energy usage and technological innovation on environmental sustainability in India using annual data from the World Bank (World Development Indicator/WDI) covering the years 1990-2020. Further, this study is carried out following the novelty of the works conducted by Bagchi (2016), Bagchi (2017), Bagchi et al (2020), and Bagchi & Paul (2023).…”
Section: Methodsmentioning
confidence: 99%
“…Prices for various goods and services decreased as a result of decreased customer demand, coupled with supply chain disruptions. For instance, the decrease in crude oil price was revealed to have a long-run relationship with the economic turmoil caused by COVID-19 [13]. (Bagchi et.al 2020) Between April and June 2020, negative month-over-month changes of Consumer Price Index (CPI) was noted according to US Bureau of Labour Statistics.…”
Section: Price Levelmentioning
confidence: 99%
“…The global health crisis of COVID-19 has imposed social isolation where citizens of different countries are prohibited from going out and carrying out their usual activities, thus harming the global economic situation [ 70 ]. The consequences of the health restrictions suddenly put in place are the reduction in tourist activity, the weakening of industrial deliverability, the fall in demand from abroad, the dismissal of people, and the reduction of the human budget [ 85 ]. To alleviate the economic impact of the pandemic, we recommend (1) building trust among citizens by authorities by communicating honestly, (2) improving the quality and access to essential services through the development of digital payments to reach vulnerable populations who work in the informal economy or do not have a bank account, (3) protecting businesses and families from the risk of eviction and bankruptcy, (4) the search for long-term social, economic, and environmental cobenefits as part of their stimulus investments, (5) the creation of jobs for the benefit of the unemployed and young graduates, (6) taking into account the capacity of a project to directly replace failing demand and its impact on import levels or the country's trade balance, (7) the organization of interventions to strengthen the capacities of societies and economies to face an external shock and to overcome it like the current COVID-19 pandemic and also other forms of disasters' natural factors and the future effects of climate change, (8) support and generalization of green technologies by investing in networks that facilitate the use of renewable energies and electric vehicles or low-tech solutions, such as reforestation or restoration and management of landscapes and watersheds without incurring significant costs for the economy in the decades to come due to the depreciation of assets, and (9) supporting politicians on the road to recovery.…”
Section: Socioeconomic Impact Of Covid-19mentioning
confidence: 99%