HAS COVID-19 AFFECTED THE GLOBAL ECONOMY?

Abstract

The global economy was already concerned about the consequences of trade war between US and China when the pandemic (Covid-19) hit the world. After the hit, the nations were put under lockdown in order to curb the virus. This halted the day-to-day life cycles of both the humans and the businesses. The health systems to deal with the situation and the consumer spending patterns, survival of businesses has been greatly affected by the pandemic that ultimately slow down the global economy. In this study, we discussed the impact of Covid-19 on the international stock markets.