The global shock in economic activities: Covid-19 pandemonium

Simple item page
dc.contributor.authorNwokolo, C.I.
dc.contributor.authorOgbuagu, M.I.
dc.contributor.authorIwegbu, O.
dc.date.accessioned2020-08-06T17:10:25Z
dc.date.available2020-08-06T17:10:25Z
dc.date.issued2020
dc.description.abstractThe sudden outbreak of coronavirus disease (COVID-19) has become a global pandemic as the number of deaths at about 3, 400 with more than 100,000 confirmed cases as of March 7, 2020, have suddenly upshot to 192,166 deaths and over 2.7 million cases as of April 24, 2020. This alarming rate of spread poses a challenge to leaders, economist, and policymakers in the world and have distrust global economic activities. COVID-19 has caused public health emergency and significant global economic shock which cuts across all sectors, resulting simultaneously into demand and supply shocks. Among suggested policy measures include reduction of interest rates as low as the 2009 subprime crisis percentage point just to encourage investment and recovery in global activities, intensification of surveillance by local and international health organisations, outbreak readiness, biomedical counter-measures, massive education and enlightenment about the virus using all local dialects focused on the mode of transmission and preventive measure. For the implementation of these policy solutions, maximum support is needed from all stakeholders such as the governments and non-governmental organizations, health professionals, community leaders and the citizens at large.en_US
dc.identifier.citationNwokolo, C.I., Ogbuagu, M.I., & Iwegbu, O. (2020). The global shock in economic activities: Covid-19 pandemonium. BizEcons Quarterly, 10, 21 – 30.en_US
dc.identifier.issn2695-2246
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/8718
dc.language.isoenen_US
dc.publisherBizEcons Quarterlyen_US
dc.relation.ispartofseries10;1
dc.subjectGlobal Shocken_US
dc.subjectEconomic Activitiesen_US
dc.subjectCovid-19en_US
dc.titleThe global shock in economic activities: Covid-19 pandemoniumen_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Nwokolo-et-al.pdf
Size:
913.08 KB
Format:
Adobe Portable Document Format
Description:
Global shock in economic activities-Nwokolo,Ogbuagu and Iwegbu
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Economics-Scholarly Publications