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Health and Socio-economic Consequences of the COVID-19 Pandemic: Government Responses and Recovery

In: Financial Transformations Beyond the COVID-19 Health Crisis

Author

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  • Linh Tu Ho
  • Christopher Gan

Abstract

This chapter explores government responses to rebuild their economies post COVID-19. First, the chapter briefly reviews the background of the virus outbreak and its consequences that led to unprecedented actions of governments. Second, the chapter analyses the government responses to the COVID-19 pandemic to overcome the health–social–economic crisis in 129 countries from Africa (27), America (23), Asia (27), Europe (48), and Oceania (4). Next, the time-dependent expectations in rebuilding the economies are discussed. The chapter concludes with takeaway messages to address an uncertain future.

Suggested Citation

  • Linh Tu Ho & Christopher Gan, 2022. "Health and Socio-economic Consequences of the COVID-19 Pandemic: Government Responses and Recovery," World Scientific Book Chapters, in: Sabri Boubaker & Duc Khuong Nguyen (ed.), Financial Transformations Beyond the COVID-19 Health Crisis, chapter 1, pages 3-43, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9781800610781_0001
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    Keywords

    COVID19; Pandemic; Pandemic Outbreak; Health Crisis; Economics; Macroeconomics; Finance; Sustainable Finance; Financial Crisis; Financial Integration; Economic Integration; Global Financial Crisis; Financial Institutions; Corporate Finance; Corporate Governance; Board of Directors; ESG; Corporate Social Responsibility; Sustainable Finance; Stock Markets; Financial Markets; Stock Market Behaviour; Firm Liquidity; Emerging Markets; China; Financial Institutions; Money; Banks; Banking System; Banking Sector; Business Groups; Resilience; Safe Heaven; Gold; Oil; Peer-to-Peer Lending Market; Foreign Trading; Stock Market Volatility; Extreme Events;
    All these keywords.

    JEL classification:

    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • G3 - Financial Economics - - Corporate Finance and Governance
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation

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