Globalization As Effected By Covid-19 Pandemic in International Economies

Abstract

The world has been transformed in a global village in recent history with more and stronger social and economic ties among different nations and countries so being more globalized. In this scenario, COVID-19, which started from Chinese province Wuhan, spread across the globe in no time and has taken millions of lives so far. This research is an attempt to examine effects of this virus on globalization and different economies around the world. According to the World Health Organization (WHO), there have been 19 vaccines discovered for this virus so far. But as the virus has not been controlled so far, its full toll on economies and globalization cannot be measures. So this research can be considered an attempt to measure and examine those effects on the way to the final calculations when this pandemic is under control. The secondary data used in this research has been taken from credit financial and international resources and the researcher has used regression analysis to compute quantitative results. The final part of this research works discusses results and also make some recommendation for policy makers as well as researchers in future.