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Stimulus and Coordination
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Stimulus and Coordination

The Covid-19 pandemic has devastated the world economy. The bad condition of the global economy due to Covid-19 has caused a rapid reaction from all world leaders.

By
Anton Hendranata
· 7 minutes read
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Grand Central Terminal berdiri sebagian besar kosong karena sebagian besar kota tidak memiliki mobil dan pejalan kaki karena takut menyebarkan virus corona pada 22 Maret 2020 di New York City. Di sekolah-sekolah negeri, bisnis dan tempat kerja telah ditutup atau membatasi jam operasi karena pejabat kesehatan mencoba untuk memperlambat penyebaran COVID-19.

The Covid-19 pandemic has devastated the world economy.

Most economic indicators have deteriorated significantly. World trade (exports and imports), manufacturing production, use of production capacity, retail sales, consumer confidence, unemployment, commodity prices and many other indicators are almost uniformly in the acute severity stage. It is evident that economic growth in several countries experienced a very deep contraction in the first quarter of 2020.

Editor:
naranasrullah
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