The Coronavirus-Covid Crisis 19 was primarily referred to as a threat to public health but has gradually become a worldwide economic threat. Although there are no thanks to identifying the financial damage caused by the new coronavirus epidemic, there is a consensus among economists that the epidemic will have a severe negative impact on the world economy.
The Organization for Economic Co-operation and Development (OECD) has warned that a number of the world’s major economies will enter a recession within the coming months, and it’ll take years for the Coronavirus-Covid 19 economic damage to be offset.
Some economists believe the economic shock of the recent epidemic is going to be greater than the world crisis of 2008. whether or not we see a world recession, several the world’s economies will not grow in the least or be positive. This includes some large economies. So, this year, we are seeing low growth rates and improving the economic process within the future.
Topics #global economy #Sinan Ezam