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COVID-19 and the Economic Crisis: Examining Global Impacts with Thematic Analysis

Cilt: 9 Sayı: 2 25 Mayıs 2025
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COVID-19 and the Economic Crisis: Examining Global Impacts with Thematic Analysis

Abstract

The COVID-19 pandemic has significantly impacted health systems and economies worldwide, creating a global crisis that necessitates international cooperation. The aim of this study is to explore research areas and thematic trends in publications related to COVID-19 and economic crises using co-word analysis. A total of 5094 publications, published between 2020 and 2024, related to the keywords "economic crisis" and "COVID-19" were examined using the Web of Science (WoS) database. The publications were analyzed using R Studio and the Bibliometrix package. The annual growth rate of publications related to COVID-19, and economic crises peaked in 2022. The initial publications in 2020 focused on the epidemiological definition of the pandemic, while from 2021 onwards, studies on economic impacts and crises gained more attention. Co-word analysis revealed an increase in research addressing the relationship between the pandemic and economic crises. The thematic map analysis identified key themes such as "COVID-19" and "financial crisis," which showed a high degree of centrality and formed the research focus, with these terms appearing in most of the publications. Additionally, niche themes such as "connectedness" and "stock market" pointed to specific studies examining financial connections and market dynamics. This clearly demonstrates how the interaction between COVID-19 and economic crises has evolved over time and how research focus areas have shifted. The study concludes that research addressing the relationship between the pandemic and economic crises plays a critical role in filling gaps in literature and in developing strategies for future pandemics. Future research problems could be structured to enhance the ability of countries and international organizations to cope with economic crises and develop strategies to prepare for future pandemics.

Keywords

Kaynakça

  1. Adams‐Prassl, A., Cloyne, J., Dias, M. C., Parey, M. & Ziliak, J. P. (2020). The COVID‐19 economic crisis. Fiscal Studies, 41(3), 489-505. https://doi.org/10.1111/1475-5890.12236
  2. Agrawal, S. (2023). Recruitment and selection practices post-COVID-19: A step towards sustainability. International Journal of Advance and Innovative Research, 8(2), 119.
  3. American Economic Association (AEA). (2022). JEL classification codes guide. Retrieved from https://www.aeaweb.org/econlit/jelCodes.php
  4. Aras, İ. A. (2024). Past themes and future trends in the economic dimension of COVID-19 research: A co-word analysis. Academic Journal of Health Sciences: Medicina Balear, 39(1), 135-140.
  5. Baker, S. R., Bloom, N., Davis, S. J. & Terry, S. J. (2020). COVID-induced economic uncertainty. NBER Working Paper Series, No. 26983. https://doi.org/10.3386/w26983
  6. Barro, R. J., Ursúa, J. F. & Weng, J. (2020). The coronavirus and the great influenza pandemic: Lessons from the "Spanish flu" for the coronavirus's potential effects on mortality and economic activity. National Bureau of Economic Research Working Paper Series, No. 26866. https://doi.org/10.3386/w26866
  7. Bodrud-Doza, M., Shammi, M., Bahlman, L., Islam, A. R. M. T. & Rahman, M. M. (2020). Psychosocial and socio-economic crisis in Bangladesh due to COVID-19 pandemic: A perception-based assessment. Frontiers in Public Health, 8, 341, 1-17. https://doi.org/10.3389/fpubh.2020.00341
  8. Borio, C. (2020). The COVID-19 economic crisis: Dangerously unique. Business Economics, 55(4), 181-190. https://doi.org/10.1057/s11301-020-00142-4

Ayrıntılar

Birincil Dil

İngilizce

Konular

Sağlık Politikası

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

25 Mayıs 2025

Gönderilme Tarihi

29 Aralık 2024

Kabul Tarihi

19 Şubat 2025

Yayımlandığı Sayı

Yıl 2025 Cilt: 9 Sayı: 2

Kaynak Göster

APA
Kalender, S. (2025). COVID-19 and the Economic Crisis: Examining Global Impacts with Thematic Analysis. Fiscaoeconomia, 9(2), 1147-1164. https://doi.org/10.25295/fsecon.1609615
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