Abstract
The ongoing COVID-19 pandemic's economic effects, geopolitical unrest, natural disasters, and social unrest have caused the global economy to face unprecedented difficulties and uncertainties. Numerous indicators point to the potential for a global recession or even depression, which could have catastrophic effects on millions of people. The US dollar and US consumer spending are two significant components of the global economy that are examined in this article. It examines how the COVID-19 pandemic's effects on consumer spending and the dollar's strength have affected world trade, growth, inflation, and financial stability. Additionally, it discusses a few possible regional and national policy responses to these problems. The article provides a thorough and critical overview of these subjects by utilizing theoretical insights and empirical data from various sources. It aims to inform and captivate readers who are curious about the state and prospects of the global economy today.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
