# The socio-economic implications of the coronavirus pandemic (COVID-19): A review

“The socio-economic implications of the coronavirus pandemic (COVID-19): A review” (2020), by Maria Nicola et al. Economics research paper. Original abstract below, unchanged. No free PDF was found.

- Authors: Maria Nicola, Zaid Alsafi, Catrin Sohrabi, Ahmed Kerwan, Ahmed Al‐Jabir, Christos Iosifidis, Maliha Agha, Riaz Agha
- Published: April 16, 2020
- Field: Economics
- DOI: https://doi.org/10.1016/j.ijsu.2020.04.018
- Source: https://doi.org/10.1016/j.ijsu.2020.04.018

## Abstract

The COVID-19 pandemic has resulted in over 4.3 million confirmed cases and over 290,000 deaths globally. It has also sparked fears of an impending economic crisis and recession. Social distancing, self-isolation and travel restrictions have lead to a reduced workforce across all economic sectors and caused many jobs to be lost. Schools have closed down, and the need for commodities and manufactured products has decreased. In contrast, the need for medical supplies has significantly increased. The food sector is also facing increased demand due to panic-buying and stockpiling of food products. In response to this global outbreak, we summarise the socio-economic effects of COVID-19 on individual aspects of the world economy.

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