Impact of the coronavirus pandemic on the global economy

Abstract

In the history of the humanity, there have been so many events like wars, natural disasters, global pandemics that had catastrophic impacts on the world economy. But , over and over again, the global economy managed to get back on foot. The latest Covid-19 pandemic which left its huge path on world trade, also made considerable changes in the way of global economy. New spheres were created, the survival methods were introduced as well as some crucial economic sectores got breaken down.