Post
Topic
Board Economics
Re: Economy after COVID-19
by
Betwrong
on 17/05/2021, 09:43:24 UTC
I think the economy after the covid-19 pandemic will be severely affected. The covid 19 epidemic causes countries to close their borders. Commercial transactions were delayed, tourism service industries were completely bankrupt. Unemployment is increasing and the economy is weakened. Many companies have gone bankrupt... so it is necessary to prevent the covid 19 pandemic soon so that the world economy can recover.

It has been 14 months now, ever since the pandemic started spreading globally. Many of the countries that were dependent on tourism is in a very bad shape. Countries such as Maldives and Seychelles are suffering from new waves of the pandemic, while Turkey has reported record GDP dip and huge rise in the unemployment rate. Apart from tourism, another sector that has been impacted is aviation (which was in bad shape even before the pandemic).

Most of the businesses were affected negatively by the Covid-19 pandemic. There are few excretions, like online retail and, what a surprise!, pharmaceutics



but it is fair to say that most businesses, especially smalll ones, have suffered badly during the pandemic.

The good news is that now it looks like there's a light at the end of the tunnel. Isarel, with around 60% vaccinated, is showing great results:

[img wisdth=400]https://i.imgur.com/bh9d0MT.png[/img]