The Impact of COVID-19 on Worldwide Economics
- 10.2991/assehr.k.211209.169How to use a DOI?
- COVID-19; macroeconomic and microeconomic impact; administrative solution
2019 Corona Virus (COVID-19) is a wide spread disease sweeping the world. It generates the impact on both the macroeconomics and microeconomics as well. From the macroeconomic and microeconomics perspective, the economic and social disruption caused by the pandemic has been devastating, on which a lot of relevant scholars are doing related research. There are many people (especially scientists and public officials) learned a lesson and working on the possible solution because of the serious event. Based on this, this paper hopes to explore the significant impact of COVID-19 on the global economy, in order to offer suggestions for relevant practitioners and researchers to learn from the experience. This paper mainly focuses on the discussion about the impact of GDP (Gross domestic product), industry, long term effect, and direct and indirect uncertainty. The situation of specific countries, especially China in these aspects will be discussed in this paper. These results shed light for simple and powerful administrative possible solution.
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Yude Wu PY - 2021 DA - 2021/12/15 TI - The Impact of COVID-19 on Worldwide Economics BT - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021) PB - Atlantis Press SP - 1042 EP - 1046 SN - 2352-5428 UR - https://doi.org/10.2991/assehr.k.211209.169 DO - 10.2991/assehr.k.211209.169 ID - Wu2021 ER -