The Global Economic and Financial Reality Experiences During The COVID-19 Pandemic

Authors

  • Abdul Hussein Jalil Al-Ghalbi Department of Economics, Faculty of Administration and Economics, University of Kufa, Najaf, Iraq
  • Heba Saad Abdul-Jabbar Department of Economics, Faculty of Administration and Economics, University of Kufa, Najaf, Iraq

Keywords:

Covid-19, Iraqi Economy, Economic Development, financial budgeting

Abstract

The Corona virus represents a shock to supply and demand at the same time, and imposes unprecedented challenges as a result of the disruption of the global economy associated with the health crisis, countries are witnessing a decline in external demand and a decline in  commodity prices, and low-income countries find themselves deprived of global financial markets, and the exit of capital from them, and a decline in imports, and the  Corona crisis caused a major shock on the supply side, in addition to the decline in demand and financial pressures it caused.[1]

 

([1])World Bank Group, Protecting people and the economy: Integrated policy responses to coronavirus efforts (19(COVID-, 2020, pp. 8-p. 9.

Published

2023-06-18

How to Cite

Jalil Al-Ghalbi, A. H. ., & Saad Abdul-Jabbar, H. (2023). The Global Economic and Financial Reality Experiences During The COVID-19 Pandemic. Akkad Journal Of Contemporary Economic Studies, 3(2), 163–206. Retrieved from https://journal.acefs.org/index.php/AJCES/article/view/221

Issue

Vol. 3 No. 2 (2023): Volume 3, Issue 2, June 2023

Section

Articles

License

Copyright (c) 2023 Akkad Journal Of Contemporary Economic Studies

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