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Publication

COVID-19 pandemic and the global economy

Saghir, Jamal
Colorado School of Mines. Payne Institute for Public Policy
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2020-03-30
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Abstract
When some experts described the COVID-19 pandemic as the most dangerous global challenge since World War II, potentially overshadowing the 2008-2009 financial crisis- they were correct. Although disasters diverge in their causes and scope of impact, they are connected by the necessity for coordinated international, regional, national, and local responses. The world is on the verge of major economic recession and the impact on every country, rich or poor, will be tremendous unless early actions are implemented quickly.
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