Academy of Marketing Studies Journal (Print ISSN: 1095-6298; Online ISSN: 1528-2678)


Covid-19 Overview of Impact on the Global Economy and Steps or Suggestions to Combat the Scenario

Author(s): Sajjan Choudhuri

The recent outbreak of coronavirus named COVID-19 has created a scenario filled with uncertainties for the entire world. Intense Market volatility and dislocation across industries have been caused as a result of this pandemic situation which may not be contained as planned. In a situation like this, it is imperative that the economy is hit negatively. While a lot of sectors are passing through the toughest phase they’ve seen in decades the financial markets are said to be rattled by the multiple effect of COVID-19. The paper aims to gain knowledge by studying the impact that COVID-19 has on the financial markets and services and understand the attempts made to contain the same.

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