A Case Study of Sustainable Development of Global Economics

International Journal of Economics and Management Studies

© 2022 by SSRG - IJEMS Journal

Volume 9 Issue 3

Year of Publication : 2022

Authors : Raj Kishor Pradhan, Bibhudatta Sahoo

10.14445/23939125/IJEMS-V9I3P106

How to Cite?

Raj Kishor Pradhan, Bibhudatta Sahoo, "A Case Study of Sustainable Development of Global Economics," SSRG International Journal of Economics and Management Studies, vol. 9,  no. 3, pp. 48-52, 2022. Crossref, https://doi.org/10.14445/23939125/IJEMS-V9I3P106

Abstract:

Economic growth enhanced more than half of the world. So imperative concrete policy is needed to reduce the risk factors of global economics and secure the foundation of sustainable development. Countries need to strengthen international cooperation and multilateralism, overcome domestic structural challenges, reduce unemployment, and change income distribution and market structures. At the beginning of 2020 major disturbance reason, COVID-19 Coronavirus disease, affected about 220 countries of the world. Growth enhanced is seriously broken due to the pandemic situation. In this situation, the risk with the potential severely disturbs economic activities and causes long-term damage to development. However, closure looks significant shortcoming in the growth of Global Economics. This paper presents elaborate points and drives toward a new schedule after analyzing the end of 2019 economics situation.

Keywords:

COVID-19, Coronavirus, Instructuralization, Biodiversity, ILO, GDP.

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