Economic Impact of COVID-19: A Historical Trail

DOI

10.2991/assehr.k.201105.005How to use a DOI?

Keywords

covid-19, economy, corona crisis, Internet resource, online shopping, coronavirus

Abstract

In the article, the author focused on the global technology forum: The Covid-19 pandemic and quarantine will cost the world dearly: the corona crisis has already begun and is predicted to be the most devastating crisis of the century. The economic downturn will inevitably affect all countries in the world. The restrictions imposed due to the coronavirus led to a decline in the consumer services sector: the volume of paid services provided to the population decreased by more than a third. World economists expect that in the second quarter of 2020, the decline in trade turnover will slow down as restrictive measures are lifted. Now the main task of the world’s states will be to overcome this pandemic and economic crisis without a disaster. The economic crisis has already led to an increase in unemployment. Rising unemployment could lead to hunger and crime in the future.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - J. H. Vagif
AU  - K. N. Akif
AU  - M. K. Vagif
PY  - 2020
DA  - 2020/11/06
TI  - Economic Impact of COVID-19: A Historical Trail
BT  - Proceedings of the Research Technologies of Pandemic Coronavirus Impact (RTCOV 2020)
PB  - Atlantis Press
SP  - 21
EP  - 24
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.201105.005
DO  - 10.2991/assehr.k.201105.005
ID  - Vagif2020
ER  -