The Corona Crash in March 2020 significantly impacted the global economy, with many businesses forced to shut down and millions of people losing their jobs. Looking back, the stock market experienced a sharp decline, and many industries, including travel, hospitality, and entertainment, were hit hard. The pandemic caused a decrease
Tag: Financial Markets
Financial markets are the platforms where individuals and institutions can buy and sell financial products such as stocks, bonds, currencies, and commodities. These markets allow for the exchange of funds between organizations and individuals, providing an opportunity for investors to earn profits and manage risks. Financial markets play a crucial role in the global economy by facilitating the flow of capital and promoting economic growth.
Synergy between Health and Economics: Oil-Price-Crash or Corona-Crash
Health shocks can also cause economic shocks (ceteris-paribus). The coronavirus pandemic is one of the health shocks that might unravel another global economic shock. Why is that the case? Fact number one, health is a basic human need. Consequently, the satisfaction the health needs requires human decision-making in all economies. Decision-makers face the challenge of managing the synergies between health and economics amid a health shock. How is the Scenario?
