Navigating the Economies during Covid-19 Pandemic: A Review through Academic Perspective

Satendra Kumar Singh

doi:10.52711/2321-5828.2025.00001

Research Journal of Humanities and Social Sciences

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0975-6795 (Online)
2321-5828 (Print)

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Navigating the Economies during Covid-19 Pandemic: A Review through Academic Perspective

Author(s): Satendra Kumar Singh

Email(s): singhsk1106@gmail.com

DOI: 10.52711/2321-5828.2025.00001

Address: Satendra Kumar Singh
Research Scholar, Department of Sociology, Central University of Punjab, Bathinda.
*Corresponding Author

Published In: Volume - 16, Issue - 1, Year - 2025

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ABSTRACT:
The study reviews various published articles that have examined the impact of COVID-19 on different economies. Research articles published in the year 2019,2020 and 2021 were reviewed. The articles were searched from different databases: Scopus, Springer, Elsevier, Wiley, Taylor and Francis, JSTOR, SAGE, Science Direct, Proquest, and others. The study reviews the existing literature on the pandemic's impacts on unemployment, poverty, the stock market, gross domestic product (GDP), tourism and other industries of various nations. The study is theoretical, highlighting the main findings of the reviewed research articles. This study observes that this pandemic has negatively influenced the growth and development of almost every economy in the world. Worldwide, demand declined, consumption declined, companies closed down, and profits of significant industries fell. All these led to declined GDP, more unemployment, more poverty, and poor performance of the financial market and other significant sectors of the economy. The paper concludes that whether well-established economies or newly emerging economies, no nation could escape itself from being affected heavily.

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Cite this article:
Satendra Kumar Singh. Navigating the Economies during Covid-19 Pandemic: A Review through Academic Perspective. Research Journal of Humanities and Social Sciences. 2025;16(1):1-7. doi: 10.52711/2321-5828.2025.00001

Cite(Electronic):
Satendra Kumar Singh. Navigating the Economies during Covid-19 Pandemic: A Review through Academic Perspective. Research Journal of Humanities and Social Sciences. 2025;16(1):1-7. doi: 10.52711/2321-5828.2025.00001 Available on: https://rjhssonline.com/AbstractView.aspx?PID=2025-16-1-1

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