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COVID-19 AND CHALLENGES TO ECONOMIC MODELS AND POLITICAL REGIMES

Cilt: 4 Sayı: 1 20 Haziran 2021
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COVID-19 AND CHALLENGES TO ECONOMIC MODELS AND POLITICAL REGIMES

Abstract

The Covid-19 pandemic has unfolded at a time when different countries with different economic & political structures were moving towards their already set challenging goals. The vast hit of the pandemic not only left major advanced economies unconscious of the solution but also obliterated the very pace of developing nations. The decisive parameter in dealing with the contagion has irrefutably been the different forms of economies and regimes. This essay is divided into three parts. In first, we thoroughly discuss the effect of the contagion on capitalistic and socialistic economies distinctly. In second, we estimate and analyze the effects of Lockdown 2020 on the South Asian Countries’ economy and compare the Lockdown 2020 economic crisis with the Global Financial Crisis of 2008. Along the same lines, we also estimate, analyze, and discuss the current and future economic trends in South Asian countries during Lockdown 2020. Moreover, this essay also unfolds the preparedness and reaction of different economies and critically analyze the remedial measures such as bailout packages, taken by various developed and developing countries to minimize the economic toll due to covid-19 pandemic. However, in the third section, we critically evaluate the relationship between the Coronavirus and different regimes and the responses of different governances specifically, democratic, and authoritarian to the covid-19 pandemic.

Keywords

Destekleyen Kurum

Ankara Yildirim Beyazit University

Proje Numarası

3

Teşekkür

Dear Editor, I hope you are doing well. I am writing this description about the research article on Covid-19 which I am submitting it in your Journal. If there is any suggestions or corrections your expertise want to add or remove into my research, I would be glad to oblige. Thanking You

Kaynakça

  1. Adams, V. (2020, March 26). Somatosphere. Retrieved July 23, 2020, from Disasters and capitalism…and COVID-19.: http://somatosphere.net/2020/disaster-capitalism-covid19.html/
  2. BBC. (2020, MARCH 23). Retrieved from Global economy will suffer for years to come, says OECD: https://www.bbc.com/news/business-52000219
  3. BBC. (2020, March 30). Retrieved July 22, 2020, from Coronavirus: Trump signs into law largest bailout in US history: https://www.bbc.com/news/world-us-canada-52070718
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  5. Casselman, B. ( 2020, July 30). A Collapse That Wiped Out 5 Years of Growth, With No Bounce in Sight. Retrieved from The New York Times: https://www.nytimes.com/2020/07/30/business/economy/q2-gdp-coronavirus-economy.html?auth=login-google
  6. Chan, S. P. (2020, March 23). BBC. Retrieved July 22, 2020, from Global economy will suffer for years to come, says OECD: https://www.bbc.com/news/business-52000219#:~:text=The%20world%20will%20take%20years,bigger%20than%20the%20financial%20crisis.
  7. Collington, R. (2020). Denmark is helping those who can't work due to coronavirus – why isn't the UK? Retrieved from The Guardian: https://www.theguardian.com/commentisfree/2020/mar/18/denmark-coronavirus-uk-government-workers-employees
  8. Cosgrove, L., Karter, J. M., Morrill, Z., & McGinley, M. (2020). Psychology and Surveillance Capitalism: The Risk of Pushing Mental Health Apps During the COVID-19 Pandemic. Journal of Humanistic Psychology, 15.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi , Siyaset Bilimi

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

20 Haziran 2021

Gönderilme Tarihi

29 Kasım 2020

Kabul Tarihi

3 Mayıs 2021

Yayımlandığı Sayı

Yıl 2021 Cilt: 4 Sayı: 1

Kaynak Göster

APA
Shaikh, H., & Shaikh, O. (2021). COVID-19 AND CHALLENGES TO ECONOMIC MODELS AND POLITICAL REGIMES. Academic Review of Humanities and Social Sciences, 4(1), 98-115. https://izlik.org/JA42LH27RG

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