Financial Panic and Rescue Packages in Light of the Pandemic (Covid-19)
Keywords:
Panic financial, Rescue packages, Stimulus programs, Digital marketsAbstract
International Events and Attitudes in the Economy are accelerated by the new and unique pandemic (COVID-19) with its launch in Wuhan, Chinese beginning of December 2019; highly written this paper to restrict the economic activities in the world, despite finding several vaccines that have proven its quality by more than one international company and recognized by the World Health Organization (WHO). Continuous, It is mistakenly believed that the crisis caused by the Portrait is similar to the previous crises of 1929-1932 or mortgage crisis of 2008 is entirely different; the pandemic briefly a vehicle crisis in all global economic systems not limited to a specific state or an economic sector in itself. The change in approach and economic thought to keep pace with the strength of the pandemic changes, this paper is looking to remove the pandemic and the situation caused by the financial panic in the financial and monetary systems worldwide.
The problem of research is the shock size caused by Corona at the end of 2019 and 2020 and now on the global economy, which led to almost wholly stopping global economic activity and resorting to the Digital Default Economy. The scientific efforts must be devised and highlight the economic repercussions of the pandemic on economic activity under the ongoing changes of pandemic and based on the research from the hypothesis that each of the stimulus programs provided by States under the pandemic and virtual markets has contributed to the absorption of a corona shock absorption, especially at the beginning of the shock In early 2019, The research aims at highlighting the economic implications of economic activity under the ongoing changes of the pandemic with a particular reference to the Iraqi economy and in order to reach results promoted from the research, the researcher will depend on the descriptive analytical method of pandemic and repercussions, and to reach results promoted from the value of research The search was divided into two main destinations.
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References
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