Global Impact of Coronavirus Disease 2019 (COVID-19)

Valmiki, Eswar Kumar Adoni; Yadlapalli, Reethi; Oroszi, Terry

doi:10.4236/health.2022.147057

Cited by 2 publications

(1 citation statement)

References 84 publications

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“…It is not only the supply chain and international trade that are affected by the COVID-19, but also the tourism and catering industry, which has an important impact on GDP and employment [4]. The unexpected arrival of COVID-19 has greatly affected the global tourism industry [5] and the world tourism industry is facing huge challenges. Due to the strict entry and exit restrictions implemented by many countries and regions, the number of tourists has significantly decreased, and the income of tourism enterprises has significantly declined.…”

Section: Introductionmentioning

confidence: 99%

The Main Issues and Countermeasures Facing the Global Economy after the Relaxation of Epidemic Control Policies

Yue

2023

AEMPS

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Due to the COVID-19 epidemic, many countries have taken a number of epidemic prevention and control measures, which have had a huge impact on the global economy. This paper studies the major issues facing the global economy after the relaxation of epidemic control policies, such as economic recession, inflation, debt crisis and energy crisis, and countermeasures. In this paper, corresponding countermeasures are proposed to address economic recession, including increasing government spending, reducing taxes, lowering interest rates, and increasing the money supply and to address the inflation, including reducing government spending, increasing taxes, raising interest rates, and reducing the money supply. In response to the debt crisis, corresponding countermeasures have been proposed from the aspects of strengthening government supervision, adjusting government expenditures, tax rates, interest rates, and money supply. In the light of the energy crisis, this paper puts forward corresponding countermeasures from aspects of improving energy utilization efficiency, reducing energy consumption, developing green energy that can replace traditional energy, and strengthening the supervision of the energy market.

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Section: Introductionmentioning

confidence: 99%