The Impact of COVID-19 Pandemic on the Economic Situation in the Hashemite Kingdom of Jordan
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 08
Abstract
The corona virus pandemic has caused a global health emergency and a major economic crisis, and governments facing this threat find themselves in uncharted territory, or in a state of uncertainty about the future. At the international level, supply chains are threatened with disruption, which may lead to shortages in basic production inputs, and higher food prices. This crisis differs from its predecessors in that there is a possibility of a recurrence of the shock, until a vaccine is found and its fair delivery to everyone is ensured, and this threat would affect the prospects for economic recovery. In the short term, it is likely that the economies of emerging markets and developing countries will be most affected, especially those that suffer from weak health systems, or rely heavily on trade, tourism or remittances from abroad.
Authors and Affiliations
Abdallah Suleiman Ahmad Alshira'h
Keywords
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- EP ID EP709305
- DOI 10.47191/jefms/v5-i8-22
- Views 83
- Downloads 0
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