COVID-19 Impact on Global Economies

COVID-19 Impact on Global Economies

Jul 2020 GlobalData ICT88 Pages Price :
$ 1950
COVID-19 Impact on Global Economies

Summary

The COVID 19 Economic Impact report is designed to provide clients with up-to-date insights on the performance of major economies. The report also provides monthly updates on high frequency macroeconomic indicators such as GDP, inflation, business confidence, consumer confidence, industrial production, and equity markets. It also provides in-depth analysis of the economic performance of the worlds largest economies. The report can be used as a strategic tool to understand market dynamics, business potential and direction of operations in the economy.

Scope

- According to Johns Hopkins University data, by 30 June 2020, COVID-19 had infected more than 10 million people and claimed almost 400,000 lives. The pandemic forced governments to impose rigid lockdowns that essentially shut down the worldwide economy for many months. With the exception of India and China, all major economies are expected to shrink this year. Unemployment levels have increased at jaw-dropping rates.
- The COVID-19 recession has not been caused by a demand shock, rather, it is a policy-driven supply shock designed to save peoples lives. Consequently, the strategiesof governments and companiesthat will be used in the economic recovery could be different from previous recessions.
- Despite the substantial uncertainty regarding the economic downturn, this could well be the first recovery with a focus on sustainability. The human cost of COVID-19 extends beyond infection and into the broader economy. Companies that ignore social, environmental and governance issues could face significant customer backlash. Governments are already showing signs that sustainabilityparticularly green energywill feature strongly in stimulus programs.
- The way we live our lives has been changed permanently. However, the extent to which human life will change will be affected by two competing factors: the longevity of COVID-19s presence and the speed with which a vaccine is developed. Most enterprises successfully transitioned to work from home; few will revert back to pre-COVID-19 practices.

Reasons to Buy

- Up-to-date insights on the performance of major economies.
- Updates on high frequency macroeconomic indicators such as GDP, inflation, business confidence, consumer confidence, industrial production, and equity markets.
- In-depth analysis of the economic performance of the worlds largest economies.
- Can be used as a strategic tool to understand market dynamics, business potential and direction of operations in the economy.
Table of Contents
Introduction
Lockdown restrictions and stimulus measures brief
Macroeconomic indicators trend and forecast
Country analysis

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