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

الملخص

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.