We’re happy to announce that our research article is published on AME Info.
“COVID19 has dealt a crippling blow to the majority of economies worldwide. Countries contributing to more than 90% of the world’s GDP have experienced a disruptive lockdown for at least some time now. While each country’s first focus was on saving lives and controlling the viral spread, every country needs to start picking up the broken links of their lives and business.
An estimate by IMF predicts that the impact will be almost equivalent to the great depression of the 1930s; with almost 160 out of 170 countries having negative GDP growth this year. The slowing GDP will have widespread ripples, and impact on employment, financial sector, and manufacturing will be more profound in the coming years, as the slowing business will result in significant job losses, filed bankruptcies, and muted capital investments…”