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The Financial Anatomy Of Current Pandemic Crisis

Author

Listed:
  • FETNIUC, Valentina

    (International Institute of Management IMI-NOVA, 9, Hristo Botev street, MD2043, Chisinau, Republic of Moldova)

  • LUCHIAN, Ivan

    (International Institute of Management IMI-NOVA, 9, Hristo Botev street, MD2043, Chisinau, Republic of Moldova Author-Name TVIRCUN, Alexandra
    National Institute of Economic Researches,45, Ion Creanga, MD2064, Chisinau, Republic of Moldova)

Abstract

The current crisis is the first in human history global pandemic cataclysm. The latter has caused colossal losses globally due to massive disease of population, efforts to counter the pandemic and consequences of isolation in the hope of avoiding contamination of healthy people. The analysis of pandemic crisis is complicated by the fact that it takes place in conditions of cyclical economic crises started in previous years. Financial aspects of pandemic crisis are different, such as stock market crashes, rising levels of indebtedness, fiscal problems, affecting investment, insurance and other segments of global financial market activity. The current crisis situation is highly likely to degenerate into a deep financial crisis. In order to alleviate the crisis, central authorities in different countries have taken respective complexes of measures, the effectiveness of which will be demonstrated over time.

Suggested Citation

  • FETNIUC, Valentina & LUCHIAN, Ivan, 2020. "The Financial Anatomy Of Current Pandemic Crisis," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 8(1), pages 105-111, October.
    • Handle: RePEc:vls:rojfme:v:8:y:2020:i:1:p:105-111
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    Cited by:

    1. LUCHIAN, Ivan & FILIP, Angela, 2022. "The Basic Financial Features Of The Current Global Economic Crisis," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 10(1), pages 160-169, October.

    More about this item

    Keywords

    pandemic crisis; economic crisis; financial crisis;
    All these keywords.

    JEL classification:

    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • G01 - Financial Economics - - General - - - Financial Crises

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