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Case Code: ECON082
Case Length: 12 Pages
Period: 2019-2021
Pub Date: 2020
Teaching Note:Available
Price:Rs.300
Organization : -
Industry :-
Countries : Global
Themes: Global Economic Slowdown Due to COVID-19 /COVID-19 Impact on Global Economy/Global Economic Slowdown/Policy and Responses to Revive Economy
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Global Economic Impact of Coronavirus – Assessment and Mitigation (A)

 
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INTRODUCTION

 
On December 31, 2019, China alerted the World Health Organization (WHO) to several cases of unusual pneumonia in Wuhan, a port city of 11 million people in the central Hubei province. The virus was unknown then. On January 7, 2020, Chinese officials declared they had identified a new virus, according to the WHO. The virus was named COVID-19 and was identified as belonging to the coronavirus family, which included the severe acute respiratory syndrome (SARS) virus and the common cold. By January 24, 2020, the death toll in China due to COVID-19 stood at 26, with the government reporting more than 830 infections. On January 26, the death toll rose to 56, with almost 2,000 cases confirmed even as travel restrictions were increased and Hong Kong closed its Disneyland and Ocean Park theme parks...

 

 
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