Effects of coronavirus on world economy: Socio-psychological perspective

Main Article Content

Abdul Wajid Moroojo
Nurullah Pergen
Ali Raza


China's COVID-19 pandemic threatens global health and economy. Given the disease's unknown course and probable economic ramifications, the world leader must develop an acceptable international monetary policy. This study examines how the coronavirus affects global economies to better understand its economic and human effects. The study examined the global economy and coronavirus effects. The economy and health dominated the investigation. Many Web items were acquired, audited five or more times, and reviewed. All-inclusive, and we used Asian Development Bank (ADB), World Bank, and World Health Organization (WHO) official sites for exams. The COVID-19 pandemic has had significant socio-psychological impacts worldwide. This article examines how the epidemic has influenced society's mental health, perceptions, and relationships. It highlights physical constraints' increase in social isolation and loneliness and the virus's unknown origins' anxiety and fear. Group discrimination and stigma have also grown. Mental health issues are rising, testing resilience and coping skills. Understanding and addressing these socio-psychological impacts helps build pandemic resistance.

Article Details

How to Cite
Effects of coronavirus on world economy: Socio-psychological perspective. (2024). Journal of Management Info, 11(2), 123-136. https://doi.org/10.31580/jmi.v11i2.2878
Research Article

How to Cite

Effects of coronavirus on world economy: Socio-psychological perspective. (2024). Journal of Management Info, 11(2), 123-136. https://doi.org/10.31580/jmi.v11i2.2878


Acemoglu, D., Johnson, S., & Robinson, J. A. (2001). The colonial origins of comparative development: An empirical investigation. American economic review, 91(5), 1369-1401. https://doi.org/10.1257/aer.91.5.1369

Balana, B. B., Ogunniyi, A., Oyeyemi, M., Fasoranti, A., Edeh, H., & Andam, K. (2023). COVID-19, food insecurity and dietary diversity of households: Survey evidence from Nigeria. Food Security, 15(1), 219-241. https://doi.org/10.1007/s12571-022-01312-w

Béland, L. P., Brodeur, A., & Wright, T. (2023). The short-term economic consequences of Covid-19: exposure to disease, remote work and government response. Plos one, 18(3), e0270341. https://doi.org/10.1371/journal.pone.0270341

Breen, M., & Doak, E. (2023). The IMF as a global monitor: surveillance, information, and financial markets. Review of International Political Economy, 30(1), 307-331. https://doi.org/10.1080/09692290.2021.2004441

Callaway, E. (2020). Coronavirus: Labs Worldwide Scramble to Analyse Samples. Nature, 578(16), 127-146. https://www.nature.com/articles/d41586-020-00262-7

Chung, J. Y., Thone, M. N., & Kwon, Y. J. (2021). COVID-19 vaccines: The status and perspectives in delivery points of view. Advanced drug delivery reviews, 170, 1-25. https://doi.org/10.1016/j.addr.2020.12.011

Creutz, K. (2023). Multilateral Development Banks as Agents of Connectivity: the Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB). East Asia, 40(3), 335-356. https://doi.org/10.1007/s12140-023-09408-6

Dossou, T. A. M., Kambaye, E. N., Berhe, M. W., & Alinsato, A. S. (2023). Toward efforts to lessen income inequality in Asia: Exploring synergies between tourism and governance quality. Tourism Management Perspectives, 46, 101086. https://doi.org/10.1016/j.tmp.2023.101086

Helliwell, J. F., Layard, R., & Sachs, J. D. (2023). The happiness agenda: The next 10 years. World Happiness Report, 2023, 15. https://worldhappiness.report/ed/2023/the-happiness-agenda-the-next-10-year/

Holmes, E. A., O'Connor, R. C., Perry, V. H., Tracey, I., Wessely, S., Arseneault, L., ... & Bullmore, E. (2020). Multidisciplinary research priorities for the COVID-19 pandemic: a call for action for mental health science. The lancet psychiatry, 7(6), 547-560. https://doi.org/10.1016/S2215-0366(20)30168-1

Holt-Lunstad, J., Smith, T. B., Baker, M., Harris, T., & Stephenson, D. (2015). Loneliness and social isolation as risk factors for mortality: a meta-analytic review. Perspectives on psychological science, 10(2), 227-237. https://doi.org/10.1177/1745691614568352

Kucik, J., Peritz, L., & Puig, S. (2023). Legalization and compliance: How judicial activity undercuts the global trade regime. British Journal of Political Science, 53(1), 221-238. https://doi.org/10.1017/S0007123422000163

Kwekha-Rashid, A. S., Abduljabbar, H. N., & Alhayani, B. (2023). Coronavirus disease (COVID-19) cases analysis using machine-learning applications. Applied Nanoscience, 13(3), 2013-2025. https://doi.org/10.1007/s13204-021-01868-7

Ozili, P. K., & Arun, T. (2023). Spillover of COVID-19: impact on the Global Economy. In Managing inflation and supply chain disruptions in the global economy (pp. 41-61). IGI Global. https://www.igi-global.com/chapter/spillover-of-covid-19/309560

Raman, B., Cassar, M. P., Tunnicliffe, E. M., Filippini, N., Griffanti, L., Alfaro-Almagro, F., ... & Neubauer, S. (2021). Medium-term effects of SARS-CoV-2 infection on multiple vital organs, exercise capacity, cognition, quality of life and mental health, post-hospital discharge. EClinicalMedicine, 31. https://doi.org/10.1016/j.eclinm.2020.100683

Raza, A., Abbasi, A. R., Shaikh, E., & Aqib, S. (2023). Impact of Terrorism on International tourism demand. Journal of Contemporary Business and Islamic Finance (JCBIF), 3(1), 226-239. https://journals.iub.edu.pk/index.php/jcbif/article/view/1686

Reis, G., Moreira Silva, E. A., Medeiros Silva, D. C., Thabane, L., Campos, V. H., Ferreira, T. S., ... & Glenn, J. S. (2023). Early treatment with pegylated interferon lambda for Covid-19. New England Journal of Medicine, 388(6), 518-528. https://doi.org/10.1056/NEJMoa2209760

Romer, C. D. (2021). The fiscal policy response to the pandemic. Brookings Papers on Economic Activity, 89-110. https://www.jstor.org/stable/27093821

Sparkes, S. P., Kutzin, J., & Earle, A. J. (2019). Financing common goods for health: a country agenda. Health Systems & Reform, 5(4), 322-333. https://doi.org/10.1080/23288604.2019.1659126

Taylor, S. (2022). The psychology of pandemics. Annual review of clinical psychology, 18, 581-609. https://doi.org/10.1146/annurev-clinpsy-072720-020131

Thomas, H., & Anner, M. (2023). Dissensus and Deadlock in the Evolution of Labour Governance: Global Supply Chains and the International Labour Organization (ILO). Journal of Business Ethics, 184(1), 33-49. https://doi.org/10.1007/s10551-022-05177-z

Windle, G., Bennett, K. M., & Noyes, J. (2011). A methodological review of resilience measurement scales. Health and quality of life outcomes, 9, 1-18. https://doi.org/10.1186/1477-7525-9-8

Yuan, Y., Zhao, Y. J., Zhang, Q. E., Zhang, L., Cheung, T., Jackson, T., ... & Xiang, Y. T. (2021). COVID-19-related stigma and its sociodemographic correlates: a comparative study. Globalization and health, 17(1), 54. https://doi.org/10.1186/s12992-021-00705-4

Zhang, J. J., Dong, X., Liu, G. H., & Gao, Y. D. (2023). Risk and protective factors for COVID-19 morbidity, severity, and mortality. Clinical reviews in allergy & immunology, 64(1), 90-107. https://doi.org/10.1007/s12016-022-08921-5

Most read articles by the same author(s)

1 2 3 4 5 6 7 8 9 10 > >> 

Similar Articles

You may also start an advanced similarity search for this article.