Socioeconomic Dynamics of the COVID-19 Crisis

Socioeconomic Dynamics of the COVID-19 Crisis
Author: Nezameddin Faghih
Publisher: Springer Nature
Total Pages: 521
Release: 2022-01-13
Genre: Political Science
ISBN: 3030899969

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This book depicts and reveals the socioeconomic dynamics of the COVID-19 crisis, and its global, regional, and local perspectives. Explicitly interdisciplinary, this volume embraces a wide spectrum of topics across economics, business, public management, psychology, and public health. Written by global experts, each chapter offers a snapshot of an emerging aspect of the COVID-19 crisis for the benefit of academics and students, as well as the institutional, economic, social, and developmental policymakers and health practitioners on the ground.

COVID-19 Pandemic Dynamics

COVID-19 Pandemic Dynamics
Author: Igor Nesteruk
Publisher: Springer Nature
Total Pages: 172
Release: 2021-02-10
Genre: Science
ISBN: 9813364165

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This book highlights the estimate of epidemic characteristics for different countries/regions in the world with the use of known SIR (susceptible-infected-removed) model for the dynamics of the epidemic, the known exact solution of the linear differential equations and statistical approach developed before. The COVID-19 pandemic is of great interest to researchers due to its high mortality and a negative impact to the world economy. Correct simulation of the pandemic dynamics needs complicated mathematical models and many efforts for unknown parameters identification. The simple method of detection of the new pandemic wave is proposed and SIR model generalized. The hidden periods, epidemic durations, final numbers of cases, the effective reproduction numbers and probabilities of meeting an infected person are presented for countries like USA, Germany, UK, the Republic of Korea, Italy, Spain, France, the Republic of Moldova, Ukraine, and for the world. The presented information is useful to regulate the quarantine activities and to predict the medical and economic consequences of different/future pandemics.

Will the Economic Impact of COVID-19 Persist? Prognosis from 21st Century Pandemics

Will the Economic Impact of COVID-19 Persist? Prognosis from 21st Century Pandemics
Author: Johannes Emmerling
Publisher: International Monetary Fund
Total Pages: 38
Release: 2021-04-30
Genre: Business & Economics
ISBN: 1513582356

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COVID-19 has had a disruptive economic impact in 2020, but how long its impact will persist remains unclear. We offer a prognosis based on an analysis of the effects of five previous major epidemics in this century. We find that these pandemics led to significant and persistent reductions in disposable income, along with increases in unemployment, income inequality and public debt-to-GDP ratios. Energy use and CO2 emissions dropped, but mostly because of the persistent decline in the level of economic activity rather than structural changes in the energy sector. Applying our empirical estimates to project the impact of COVID-19, we foresee significant scarring in economic performance and income distribution through 2025, which be associated with an increase in poverty of about 75 million people. Policy responses more effective than those in the past would be required to forestall these outcomes.

Financial Market Dynamics after COVID 19

Financial Market Dynamics after COVID 19
Author: Stéphane Goutte
Publisher: Springer Nature
Total Pages: 137
Release: 2022-04-27
Genre: Business & Economics
ISBN: 3030985423

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This book analyses the impact of the COVID-19 pandemic in different areas of Finance emphasizing the contagion effect in capital markets. The volume presents evidence-based case studies from the global financial crisis that followed after the onset of the pandemic in March 2020.

The Impact of the Covid-19 Pandemic on Inflation Dynamics in Germany

The Impact of the Covid-19 Pandemic on Inflation Dynamics in Germany
Author: Lejla Rahe
Publisher: GRIN Verlag
Total Pages: 21
Release: 2022-11-09
Genre: Business & Economics
ISBN: 3346760243

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Seminar paper from the year 2021 in the subject Business economics - Market research, grade: 1,7, University of applied sciences Frankfurt a. M., language: English, abstract: The goal of this assignment is to discover the impact of the Corona pandemic on consumer prices. In addition, the paper will summarize the most important aspects of the Corona pandemic and provide information on the definition of the inflation rate. People are surrounded by headlines "More than 5000 Covid-19 patients in intensive care". Due to the Corona pandemic, the daily life of the people is limited to their safety. Considering the economic consequences, many sectors are at risk, for example, the international division of labour and the industry. The Institute for Economic Research ifo informs that the most affected are the retail, hotels, and restaurants. However, has the Corona crisis also affected prices? The Federal Statistical Office answers this question with yes, when it says that the Corona crisis has influenced prices at various economic levels. This means that there is a price influence from import to production to trade and then finally to the end consumer and export. On the world market, there have been strong price reductions, which affect the consumer price. In connection with this, we see a change in the inflation rate, which was 0.9% in April 2020 and increased by 0.4% just one month later. But is this kind of inflationary change good or bad for our economy? It is a well-known fact that a low inflation rate is good for the economy, while a high rate is bad. The reason is that at a high inflation rate the citizens lose faith in the currency and the purchasing power decreases significantly. Prices have risen steadily due to a shortage of supply, especially for pandemic items such as protective masks and disinfectants, and for medicines such as ibuprofen and paracetamol. All of which are largely manufactured in China.

Pandemic Economics

Pandemic Economics
Author: Peter A.G. van Bergeijk
Publisher: Edward Elgar Publishing
Total Pages: 224
Release: 2021-03-26
Genre: Business & Economics
ISBN: 1800379978

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Discussing the Spanish Flu, HIV/AIDs, SARS and Ebola against the background of Covid-19, Pandemic Economics demonstrates how scientists consistently warned the world about pandemics, and how, despite this, the possibility of global lockdown caused unprecedented economic policies and ruin. The book prepares for the next pandemic, that unquestionably will arrive, the impact of which is predicted to potentially exceed that of the current Covid-19 wreckage.

Biopolitics and Shock Economy of COVID-19

Biopolitics and Shock Economy of COVID-19
Author: Nezameddin Faghih
Publisher: Springer Nature
Total Pages: 267
Release: 2023-05-26
Genre: Political Science
ISBN: 3031278860

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This edited volume discusses the biopolitics and shock economy of COVID-19, emphasizing medical perspectives and the socioeconomic dynamics of the pandemic and the ensuing institutional responses. Written by an international, multidisciplinary group of academic and professional experts, chapters embrace a wide range of topics such as: medical perspectives on COVID-19; application of geospatial technology; infectivity, immunogenicity, and disease as important factors for adoption of relevant biopolitical measures; shock economy; COVID-19-induced transaction costs; social support and resilience of inhabitants of marginalized areas; business resilience factors; entrepreneurship; and digital transformation. Jointly addressing global examples of biopolitical governance and overarching macroeconomic effects of the pandemic, this volume will be of interest to academics across disciplines as well as policymakers and practitioners on the ground.

The Effects of COVID-19 on the Global and Domestic Economy

The Effects of COVID-19 on the Global and Domestic Economy
Author: Magnus Strömberg
Publisher: Nova Snova
Total Pages: 0
Release: 2021-08-03
Genre: COVID-19 Pandemic, 2020-
ISBN: 9781536199529

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In the year since the COVID-19 outbreak was first diagnosed, it has spread to over 200 countries and all U.S. states. The pandemic has negatively affected global economic growth beyond anything experienced in nearly a century. Estimates so far indicate the virus reduced global economic growth to an annualized rate of -4.5% to -6.0% in 2020, with a partial recovery of 2.5% to 5.2% projected for 2021. Global trade is estimated to have fallen by 5.3% in 2020, but is projected to grow by 8.0% in 2021. The full economic impact of the pandemic likely will remain unclear until the negative health effects peak. This book provides an overview of the global and domestic economic costs to date and the response by governments and international institutions to address these effects.

The Impact of the Covid-19 Pandemic on People and their Lives

The Impact of the Covid-19 Pandemic on People and their Lives
Author: R C Sobti
Publisher: Taylor & Francis
Total Pages: 325
Release: 2023-09-25
Genre: Medical
ISBN: 1000775607

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This book explores the unparalleled adversities and strain that the COVID-19 pandemic caused on the social and economic lives of people. The book allows readers a glimpse into the experiences of death of near and dears, loss of livelihood, psychological trauma, restrictions on movement and social life, shifts in international relations, and effects on big and small industries caused by the pandvnemic. It focusses on the major shifts caused within communities and highlights how politics, power dynamics, and socio-cultural systems have been reset and recovered during recent times. The volume also offers suggestions to offset economic hardships the pandemic has caused especially to the poor and marginalized as well as policy changes to help governments and communities to build more resilient economic and health infrastructure and support systems. With interdisciplinary contributions, this book is an essential read for students and researchers of public health, social sciences, health economics, healthcare management, development studies, public policy, and South Asian studies.