TITLE:
Economic Impact of COVID-19 in Asia, Europe, North Africa and the Middle East
AUTHORS:
Nancy del Rocio Flores Hinojosa, Liliana del Carmen Morillo Acosta
KEYWORDS:
Economic Management, Human Resource, Productivity, Supply Chain, Exports, Imports, COVID-19
JOURNAL NAME:
Open Journal of Business and Management,
Vol.9 No.5,
September
30,
2021
ABSTRACT: This study aims to present a description of the
economic impact of COVID-19 in Asia, Europe, North Africa and the Middle East. This
pandemic outbroke in the city of Wuhan in China, spreading to approximately 213 countries and territories around the
world and is still ongoing. We are particularly interested in investigating the
economic outlook for COVID-19. This document uses data from scientific
contributions published in the Dimensions research academic database; starting
from the fact that this situation is an event in development, still. In
addition, the bibliometric analysis tools of science from this Dimensions
platform are used. In addition, VOSviewer software was used to build and
visualize bibliometric science networks. To explore this issue in depth, we divided the
economic impact into several regions, that is, the Chinese economy, the Central
Asian economies, the South Asian economies, the Southeast and West Asian economies,
the European economies, the North African, North African economies, Middle East. With all intention, the document avoids the information that is
handled in the American continent, since
it is a much more accessible and current knowledge in our geo-economic contact. This scientific contribution concludes that epidemic situations
seriously affect economies around the world. The basic reasons behind such
severity are labor immobility, reduced productivity, supply chain disruption,
decreased exports, uncertainty, etc. This study is of interest for companies
and legislators to estimate and plan current and post-pandemic situations.