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Conclusion

In: Coronavirus Outbreak and the Great Lockdown

Author

Listed:
  • Bhaskar Bagchi

    (University of Gour Banga)

  • Susmita Chatterjee

    (Maharaja Manindra Chandra College)

  • Raktim Ghosh

    (University of Gour Banga)

  • Dhrubaranjan Dandapat

    (University of Gour Banga)

Abstract

The outbreak of COVID-19 pandemic throughout the world is nonetheless a human tragedy unfolding across the world, since the outbreak of Spanish flu in 1918–19. Due to significant uncertainty about the economic outlook and the associated downside risks, it is quite difficult to quantify the economic impact, and an unforeseen upsurge in vagueness can put both economic growth and financial stability at risk. The economists at International Monetary Fund (IMF) suggests that besides targeted economic policies and fiscal measures, the appropriate monetary and financial stability policies of the countries are very much necessary in order to strengthen the global economy.

Suggested Citation

  • Bhaskar Bagchi & Susmita Chatterjee & Raktim Ghosh & Dhrubaranjan Dandapat, 2020. "Conclusion," SpringerBriefs in Economics, in: Coronavirus Outbreak and the Great Lockdown, chapter 9, pages 107-110, Springer.
    • Handle: RePEc:spr:spbchp:978-981-15-7782-6_9
    DOI: 10.1007/978-981-15-7782-6_9
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