Exploring the Impact of Pandemic on Global Economy: Perspective from Literature Review.

The pandemic has caused several health issues and deaths and numerous severe devastations to the global economy. Due to the extreme impacts of the epidemics, it is crucial to investigate the pandemics and their pessimistically hidden influences to devise proper strategies. However, although this top...

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Published in:Pertanika Journal of Social Sciences & Humanities Vol. 29; no. 3; pp. 2033 - 2088
Main Authors: Van Ky Long Nguyen, Thi My Hanh Le, Thi Minh Chau Tran, Thi Thu Hien Le, Thi Ngoc Mai Duong, Thi Hien Le, Tien Son Nguyen, Nhu Hoa Vo
Format: Article
Published: Universiti Putra Malaysia Sep2021
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Online Access:View this record in EBSCOhost
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      dt: Sep2021
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        atl: Exploring the Impact of Pandemic on Global Economy: Perspective from Literature Review.
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        au:
          Van Ky Long Nguyen
          Thi My Hanh Le
          Thi Minh Chau Tran
          Thi Thu Hien Le
          Thi Ngoc Mai Duong
          Thi Hien Le
          Tien Son Nguyen
          Nhu Hoa Vo
        affil: Faculty of Business, FPT University, Da Nang City, 550000, Vietnam
      su:
        COVID-19 pandemic
        Epidemics
        Scholars
        Social status
        Public health
      sug:
        subj:
          COVID-19 pandemic
          Epidemics
          Scholars
          Social status
          Public health
      keyword:
        COVID-19
        economics
        global economy
        literature review
        pandemic
      ab: The pandemic has caused several health issues and deaths and numerous severe devastations to the global economy. Due to the extreme impacts of the epidemics, it is crucial to investigate the pandemics and their pessimistically hidden influences to devise proper strategies. However, although this topic gains enormous recognition from scholars and researchers, there is still an inadequacy of a comprehensive literature review on the issues, and in-depth research on individual aspects of the world economy. Accordingly, the objective of this paper is to contribute a literature review that synthesises and evaluates prior research, to examine the current state of the pandemic impacts on the global economy, as well as become the requisite foundation for the practitioners to perceive how to respond to a pandemic in the future. A literature review is conducted, with 254 most relevant articles are analysed and classified based on the proposed framework. Thus, the findings of this study contribute diverse theoretical and practical insights concerning pandemics and the global economy. The results of this paper indicate the current status of the literature review and discover future research directions. Additionally, this paper proposes an integrated framework of the most influenced industries, followed by some emerging solutions to the most suffering sectors. Future research directions are further suggested based on the identified research gaps and the analysis results.
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    language: English
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      custom: Copyright of Pertanika Journal of Social Sciences & Humanities is the property of Universiti Putra Malaysia and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use.
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