Abstract
This study aims to present a description of the economic impact of COVID-19 in Asia, Europe, North Africa and the Middle East. This pandemic outbroke in the city of Wuhan in China, spreading to approximately 213 countries and territories around the world and is still ongoing. We are particularly interested in investigating the economic outlook for COVID-19. This document uses data from scientific contributions published in the Dimensions research academic database; starting from the fact that this situation is an event in development, still. In addition, the bibliometric analysis tools of science from this Dimensions platform are used. In addition, VOSviewer software was used to build and visualize bibliometric science networks. To explore this issue in depth, we divided the economic impact into several regions, that is, the Chinese economy, the Central Asian economies, the South Asian economies, the Southeast and West Asian economies, the European economies, the North African, North African economies, Middle East. With all intention, the document avoids the information that is handled in the American continent, since it is a much more accessible and current knowledge in our geo-economic contact. This scientific contribution concludes that epidemic situations seriously affect economies around the world. The basic reasons behind such severity are labor immobility, reduced productivity, supply chain disruption, decreased exports, uncertainty, etc. This study is of interest for companies and legislators to estimate and plan current and post-pandemic situations.
Highlights
IntroductionCOVID-19 belongs to the family of viruses found in animals and can be trans-
This study aims to present a description of the economic impact of COVID-19 in Asia, Europe, North Africa and the Middle East
VOSviewer software was used to build and visualize bibliometric science networks. To explore this issue in depth, we divided the economic impact into several regions, that is, the Chinese economy, the Central Asian economies, the South Asian economies, the Southeast and West Asian economies, the European economies, the North African, North African economies, Middle East
Summary
COVID-19 belongs to the family of viruses found in animals and can be trans-. COVID-19 was discovered in the favored Wuhan, China; this is a city of 11 million inhabitants and a highly industrialized, educational and scientific zone in China (Ayittey, Ayittey, Chiwero, Kamasah, & Dzuvor, 2020). This fateful event originated in a market where animals and birds are sold. The initial host for the virus was the bat, which contains other viruses from the same family, such as Ebola, AIDS, and rabies. Bats weren’t the only animals sold in Wuhan. Most of the deaths recorded in the Chinese town of Hubei where Wuhan is located (Baker, Bendix, & Frias, 2020)
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