The Impact of COVID-19 on Global Financial Market Indices and Systemic Risk

Abstract

The paper examines the impact of the Coronavirus (COVID-19) on the international financial market. The latest studies dealt with the effects of the Coronavirus on the international money market in twenty countries of the world that recorded the highest numbers of infections and deaths. The basic information is gathered from various online media, memos, various types of research papers, other online sources, etc. The paper finds that different countries are conducting practically identical experiments to curb the spread of the disease. There are unusual arrangements in societies, families, governments and money investigators who don't take into account the financial consequences of the spread of pollution. The state and governments stand on the verge of the current crisis. The stock exchange has experienced massive volatility over the last year.