THE CORONAVIRUS PANDEMIC: ECONOMIC CONSEQUENCES AND GOVERNMENT REACTIONS

Goran R Milovanović, Aleksandra Andjelkovic, Gabrijela Popovic

DOI Number
https://doi.org/10.22190/TEME200824050M
First page
843
Last page
866

Abstract


The key research objective is to analyze the global economic consequences of the COVID-19 pandemic based on the analysis of valid academic, statistical and Internet sources and to prove the assumption that these consequences are significantly greater than those caused by the 2008 Global Financial Crisis. The paper also presents possible recovery curves of the global economy, and assesses the measures taken by institutions in the EU, the USA and the Republic of Serbia in the fight against COVID-19.


Keywords

pandemic, global crisis, recovery curve, “safety net”, helicopter money

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DOI: https://doi.org/10.22190/TEME200824050M

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