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Corona-Triggered Global Macroeconomic Crisis of the Early 2020s

Author

Listed:
  • Kristijan Krstic

    (COVID-Hospital, University Clinical Centre Kragujevac, 34000 Kragujevac, Serbia)

  • Ronny Westerman

    (Federal Institute for Population Research, 65207 Wiesbaden, Germany)

  • Vijay Kumar Chattu

    (Department of Medicine, Faculty of Medicine, University of Toronto, Toronto, ON M5G 2C4, Canada)

  • Natalia V. Ekkert

    (Department of Public Health and Healthcare, First Moscow State Medical University (Sechenov University), 119435 Moscow, Russia)

  • Mihajlo Jakovljevic

    (Department of Public Health and Healthcare, First Moscow State Medical University (Sechenov University), 119435 Moscow, Russia
    Institute of Comparative Economics, Hosei University, Tokyo 102-8160, Japan
    Department of Global Health Economics and Policy, Faculty of Medical Sciences, University of Kragujevac, 34000 Kragujevac, Serbia)

Abstract

Long-lasting economic recessions spreading from initial cradle markets worldwide should be a periodic event inherent to capitalism as a prevailing socio-economic model [...]

Suggested Citation

  • Kristijan Krstic & Ronny Westerman & Vijay Kumar Chattu & Natalia V. Ekkert & Mihajlo Jakovljevic, 2020. "Corona-Triggered Global Macroeconomic Crisis of the Early 2020s," IJERPH, MDPI, vol. 17(24), pages 1-9, December.
  • Handle: RePEc:gam:jijerp:v:17:y:2020:i:24:p:9404-:d:462501
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    References listed on IDEAS

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    1. Giovanni Valensisi, 2020. "COVID-19 and Global Poverty: Are LDCs Being Left Behind?," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(5), pages 1535-1557, December.
    2. Leonid M. Grigoryev, 2020. "Global social drama of pandemic and recession," Population and Economics, ARPHA Platform, vol. 4(2), pages 18-25, April.
    3. Eran Yashiv, 2020. "Breaking the taboo: The political economy of COVID-motivated helicopter drops," Vox eBook Chapters, in: AgneÌ€s BeÌ nassy-QueÌ reÌ & Beatrice Weder di Mauro (ed.), Europe in the Time of Covid-19, edition 1, volume 1, chapter 1, pages 240-244, Centre for Economic Policy Research.
    4. Mihajlo Jakovljevic & Elena Potapchik & Larisa Popovich & Debasis Barik & Thomas E. Getzen, 2017. "Evolving Health Expenditure Landscape of the BRICS Nations and Projections to 2025," Health Economics, John Wiley & Sons, Ltd., vol. 26(7), pages 844-852, July.
    5. Ozili, Peterson & Arun, Thankom, 2020. "Spillover of COVID-19: Impact on the Global Economy," MPRA Paper 99317, University Library of Munich, Germany.
    6. Claudio Borio, 2020. "The Covid-19 economic crisis: dangerously unique," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 55(4), pages 181-190, October.
    7. Ozili, Peterson K, 2020. "Covid-19 pandemic and economic crisis: The Nigerian experience and structural causes," MPRA Paper 99424, University Library of Munich, Germany.
    8. Pinto, Brian & Ulatov, Sergei, 2010. "Financial globalization and the Russian crisis of 1998," Policy Research Working Paper Series 5312, The World Bank.
    9. Alfani, Guido, 2015. "Economic Inequality in Northwestern Italy: A Long-Term View (Fourteenth to Eighteenth Centuries)," The Journal of Economic History, Cambridge University Press, vol. 75(4), pages 1058-1096, December.
    10. World Bank, 2020. "The COVID-19 Pandemic [Pandémie De Covid-19]," World Bank Publications - Reports 33696, The World Bank Group.
    11. Whaples, Robert, 1995. "Where Is There Consensus Among American Economic Historians? The Results of a Survey on Forty Propositions," The Journal of Economic History, Cambridge University Press, vol. 55(1), pages 139-154, March.
    12. Drescher, Katharina & Fessler, Pirmin & Lindner, Peter, 2020. "Helicopter money in Europe: New evidence on the marginal propensity to consume across European households," Economics Letters, Elsevier, vol. 195(C).
    13. Vasilii Erokhin & Tianming Gao, 2020. "Impacts of COVID-19 on Trade and Economic Aspects of Food Security: Evidence from 45 Developing Countries," IJERPH, MDPI, vol. 17(16), pages 1-28, August.
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    Cited by:

    1. Hildie Leung & Daniel T. L. Shek & Diya Dou, 2021. "Evaluation of Service-Learning in Project WeCan under COVID-19 in a Chinese Context," IJERPH, MDPI, vol. 18(7), pages 1-17, March.
    2. Viktoriia Vovk & Lyudmila Beztelesna & Olha Pliashko, 2021. "Identification of Factors for the Development of Medical Tourism in the World," IJERPH, MDPI, vol. 18(21), pages 1-17, October.

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