Impact of coronavirus on the global economy.

 Most of the people are lost jobs.Increased the unemployment in the major economies during the coronavirus pandemic.As per the IMF near about 9 per cent people are out of the work. Pharmaceutical companies has rises in the global economy.Tourism sector is affected by the covid-19 

Global economy is a decline since the great depression 1930s. We can see negative impact on the economy in the coronavirus time.GDP has to fall because of the restrictions on the movement and investment.Stock market is also affect for a saving account of the individual from the pandemic.Many central banks are cut intrest rate to encourage the spending. That is a best way to boost the world economy.Result will come after some day.

No comments:

Post a Comment