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Impact of Lockdown due to COVID-19 on Economic Development

Impact of Lockdown due to COVID-19 on Economic Development

Global slipover and crisis:
The ongoing COVID-19 crisis has had a major impact on financial markets worldwide. From slipping oil process to halt in import and export, and banking loss due to nonperforming loans to falling global stock markets. Everyone has lost a lot of money including small businessmen to large corporations, leading to job losses and financial volatility.

  • Stability in oil prices in the near future
  • Normal operations for Import-export
  • Financial health, reforms and investment opportunities

By,
Dr. Jay Joshi,
Acting Head,
Department of Business & Management.