COVID-19: Socio-Economic Implications for Pakistan
| Autor: | Aneela Akbar, Ijaz Khalid, Hina Malik |
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| Rok vydání: | 2020 |
| Předmět: | |
| Zdroj: | Global Economics Review. :131-142 |
| ISSN: | 2707-0093 2521-2974 |
| DOI: | 10.31703/ger.2020(v-iii).12 |
| Popis: | The paper analyzes the global pandemic of COVID-19, its evolution, development and its implications on the world and specifically Pakistan. Sparkly, it emerged in the Chinese city of Wuhan, was restricted to the city for less than a month, but currently, the virus has engrossed the whole world. This part of the study investigates both developed and developing countries responses to deal with the dominant global issue. The study focused on Pakistan's response to COVID-19 being damaged by War on Terror and political instability. The paper concluded that Pakistan very smartly responded to the pandemic by applying smart lockdown within its limited resources to contain the virus and maintained a balance between saving lives and saving livelihoods. This piece of paper also finds that, like in other developing countries, the pandemic also has severe Socio-economic implications as the economically of the business went down, investment came to its lowest level that heavily marked Pakistan economically unsound. Socially speaking, the virus created fear and totally break down the public gathering that made the people psychologically unhealthy. |
| Databáze: | OpenAIRE |
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