The COVID-19 pandemic has had a number of impacts, causing an economic crisis across the globe.
The COVID-19 pandemic has had a number of impacts, causing an economic crisis across the globe. The pandemic has hit businesses hard and many sectors have suffered. A massive shutdown of economic activity, rising unemployment rates and falling income levels have led to an economic collapse across the globe. In response, governments took a series of economic measures to combat the pandemic. These measures include increasing public spending, providing financial aid, deferring debts, lowering interest rates and other measures. There has also been increased inter-country cooperation and global coordination to mitigate the negative effects of the pandemic. Economic recovery after the pandemic also stands out as an important issue. As the normalization process started before the pandemic, the recovery process accelerated in many sectors. However, some sectors are still experiencing major challenges. The pace of economic recovery varies between countries and sectors. Vaccination efforts ...