Open AccessShort-term impact of the Covid-19 pandemic on the global and Turkish economy
Author(s) -
Ömer Açıkgöz,
Aslı Günay
Publication year - 2021
Publication title -
turkish journal of medical sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.277
H-Index - 27
eISSN - 1303-6165
pISSN - 1300-0144
DOI - 10.3906/sag-2106-271
Subject(s) - pandemic , economic recovery , turkish , economic impact analysis , development economics , economic cost , medicine , covid-19 , economic growth , economics , macroeconomics , linguistics , philosophy , neoclassical economics , disease , pathology , infectious disease (medical specialty) , microeconomics
The Covid-19 pandemic is one of those rare events that affects everyone on earth and changes our lives. The pandemic, which has killed over four million people worldwide, is putting unprecedented pressure on governments to maintain essential health and social services, as well as keep their economies running, even as the virus threatens people’s daily life on every level. Thus, the purpose of this study is to discuss the short-term economic impact of the pandemic by assessing its costs using official economic data for both the world and Turkey. Furthermore, this research highlights possible economic, social, and political pathways for a postpandemic new world.