Main Article Content
Abstract
Today, the world is experiencing the consequences of the spread of the Coronavirus, which affected various sectors, causing a major shock to the global economy, which may lead to a sharp turn in global growth rates for 2020. This is not the first supply shock in the world, as it was preceded by the oil shocks of the 1970s, the tsunami in Thailand, the earthquake in Japan in 2011 and others. However, all of these shocks and crises had a specific geographical scope without physical expansion, as well as a time frame during which it peaked and then ceased; nevertheless, the Coronavirus proved to be uncontrollable, as it spread throughout the world and has an impact on most economies. There is also no clear time frame during this epidemic, like other crises in the world, where we have shown in this research paper the effects of the Covid-19 virus on the global economy. This has caused panic and volatility in the countries' economies.
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References
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