Abstract

COVID-19 has become a global challenge that has had a strong impact on the global economy. Travel bans, lockdowns, business closures and the cessation of international trade have led to a serious drop in GDP and rising unemployment. The pandemic has caused serious problems in industries such as tourism, restaurants, aviation and hotels. Small and medium-sized enterprises have been particularly affected. Financial markets have also experienced instability and significant losses. In order to quickly return to stability and accelerate the recovery, many countries have taken economic stimulus measures, such as increasing public investment, lowering taxes and providing financial support to companies and households. However, the long-term prospects remain uncertain. Sudden jumps in the disease and the emergence of new variants of the virus are possible, which may entail new restrictions and negatively affect the economy.

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