An analytical study of the economic impact of the COVID pandemic and response policies: the case of the United States of America

Main Article Content

said ahcene
mohamed djessas

Abstract

The study aims at analyzing the impact of the COVID-19 pandemic on economy, and the response policies applied accordingly to reduce its effects, commencing with the international/global framework, and finishing with the real situation in the United States of America, through a context analysis of the impact and the containment policies, using a descriptive analytical approach, and within the time framework of the of events. The study concluded that a coordinated global effort must be made to support countries that currently do not have sufficient fiscal ground to finance the economic and social policy. For the United States, it is important to engage in a significant spending and investing in key areas of the economy, in order to reduceimpacts on the supply chains and the business sector

Article Details

How to Cite
ahcene, said, & djessas, mohamed. (2023). An analytical study of the economic impact of the COVID pandemic and response policies: the case of the United States of America. Finance and Business Economies Review, 7(1), 173–150. https://doi.org/10.58205/fber.v7i1.185
Section
Articles

References

Adrian, T. ., & Natalucci, F. . (2020, April 09). COVID-19 crisis poses threat to financial stability. Available Nov 4, 2022, at: ttps://blogs.imf.org/2020/04/14/covid-19-crisis-posesthreat- tofinancial-stability/

Arriola, C., Kowalski, P., & Van Tongeren, F. (2021). The impact of COVID-19 on directions and structure of international trade, OECD Trade Policy Papers, N 252, p1-41, website: https://dx.doi.org/10.1787/0b8eaafe-en.

Board of Governors of the Federal Reserve System (2020, April 08 ). Economic projections of Federal Reserve Board members and Federal Reserve Bank presidents. في Available January 17, 2023, at : https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20200916.pdf

Board of Governors of the Federal Reserve System (2021, June 90). Interest on Reserve Balances (IORB) Frequently Asked Questions. Available January 2, 2023, at : https://www.federalreserve.gov/monetarypolicy/iorb-faqs.ht

BOARD OF GOVERNORS of the FEDERAL RESERVE SYSTEM (2021, January 0 ). Foreign and International Monetary Authorities (FIMA) Repo Facility. Available Nov 23, 2022, at : https://www.federalreserve.gov/monetarypolicy/fima-repo-facility.htm

Broone, L. (2020). Tackling the fallout from COVID-19. China Policy Review, 3, 138-144. ps://doi.org/https://www.econbiz.de/Record/tackling-the-fallout-from-covid-19-boonelaurence/ 10012202156

Byun, K. J. (2020). The U.S. housing bubble and bust: Impacts on employment. Monthly Labor Review U.S. Department of Labor, Bureau of Labor Statistics, 133(12), 3-17.

Dodd, D. (2021, June 90 ). Businesses Suffer Labor Pains as Economies Reopen, Financial Times. Available Dec 14, 2022, at : https://www.ft.com/content/e47575aa-b6ec-4635-a0bef4e623dacbdb

ECLAC (2020), on the basis of data from the United States Bureau of Labor Statistics (BLS).p03, Available t : le:///C:/Users/insol/Downloads/impactCOVID_en%20(1).pdf.

Economic Commission for Latin America and the Caribbean (2020), on the basis of data from the National Bureau of Economic Research (NBER) and the Bureau of Economic Analysis of the United States Department of Commerce.p2, Available at : ile:///C:/Users/insol/Downloads/impactCOVID_en%20(1).pdf.

Federal Reserve Bank of St. Louis (2023, 31 .) يناير 8 -Year Fixed Rate Mortgage Average in

the United States. Available January 5, 2023, at : https://fred.stlouisfed.org/graph/?g=NUh

Hayakawa, K., Lee, H., & Park, C. (2022). Impacts of COVID-19 on Foreign Direct Investment, ASIAN DEVELOPMENT BANK, N653, p 1-27 website: https://www.ide.go.jp/English/Publish/Reports/Dp/831.html

IMF (2021, July 9). Policy Responses to COVID-19. Available Dec 13, 2022, at https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#U

International Monetary Fund (2020). World economic outlook: The great lockdown International Monetary Fund, N2020, p1-177, website:

https://www.imf.org/en/Publications/WEO/Issues/2020/04/14/weo-april-2020

Jinjin, M. (2020). Research on the Impact of COVID19 on Global Economy. IOP Conference Series: Earth and Environmental Science, 246, 1-7. https://doi.org/IOP Conference Series: Earth and Environmental Science

Kazunobu, H. (2022, March 0 ). How did the covid-19 change Trade and Investment?. Available Nov 23, 2022, at : ttps://www.ide.go.jp/English/ResearchColumns/Columns/2022/hayakawa_kazunobu.html

Kimberly, A. (2021, Dec 90). How COVID-19 Has Affected the U.S. Economy, Impact of the worst recession since the Great Depression. Available Nov 14, 2022, at: https://www.thebalancemoney.com/how-covid-19-has-affected-the-us-economy- 5092445#citation-3

National Low Income Housing Coalition (2021, August 99 ). FEDERAL MORATORIUM ON EVICTIONS FOR NONPAYMENT OF RENT. Available Nov 17, 2022, at: https://nlihc.org/sites/default/files/National-Eviction-Moratorium_FAQ-for-Renters.pdf 19. OECD (2022, March 10). nternational trade during the COVID-19 pandemic: Big shifts and uncertainty, https://www.oecd.org/coronavirus/policy-responses/international-trade-duringthe- covid-

-pandemic-big-shifts-and-uncertainty-d1131663/#figure-d1e68

Pianta, M. (2021). The impact of the pandemic on industries. A conceptual map and key processes, UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION, N 17, p1-59, website: https://www.unido.org/api/opentext/documents/download/25407524/unidofile- 5407524

Pirouz, B., Haghshenas, S. S., Haghshenas, S. S., & Piro, P. (2020). Investigating a serious challenge in the sustainable development process: Analysis of confirmed cases of COVID-19 (New Type of Coronavirus) Through a Binary Classification Using Artificial Intelligence and

Regression Analysis. Sustainability , 12(6), 1-21.

Statista (2021, October 09 ). Impact of the coronavirus pandemic on the global economy - Statistics & Facts. Available January 8, 2023, at : https://www.statista.com/topics/6139/covid-

-impact-on-the-global-economy/ 23. Tong, J., Sheng, B., & Jiang, D. (2020). Global Economy amid the COVID-19 Outbreak and Challenges for China. International Economic Review, 3, 9-28.

U.S. DEPARTMENT OF THE TREASURY (2021, January 0 ). About the CARES Act and the Consolidated Appropriations Act. Available January 2, 2023, at https://home.treasury.gov/policy-issues/coronavirus/about-the-cares-act.

UNCTAD (2022). IMPACT OF THE COVID-19 PANDEMIC ON TRADE AND DEVELOPMENT LESSONS LEARNED, p9, . Available at https://unctad.org/system/files/official-document/osg2022d1_en.pdf. 26. UNCTAD (2020, Dec 2 ). COVID-19 drives large international trade declines in 2020. Available Nov 16, 2022, at : https://unctad.org/news/covid-19-drives-large-internationaltrade-declines-2020

UNCTAD (2021, June 31 ). COVID-19 and tourism. Assessing the economic consequences. Available Nov 17, 2022, at tps://unctad.org/system/files/officialdocument/ ditcinf2021d3_en_0.pdf

UNIDO (2021) Monthly Index of Industrial Production (IIP) at the 2-digit level of ISIC Revision 4. Database. Available at: ttps://stat.unido.org/database/Monthly%20IIP .

Vitenu-Sackey, P. A., & Barfi, R. (2021). The Impact of Covid-19 Pandemic on the Global Economy: Emphasis on Poverty Alleviation and Economic Growth. The Economics and

Finance Letters, 8(1), 32-43. https://doi.org/10.18488/journal.29.2021.81.32.43 30. Wheelock, . D. C. (2020). Comparing the COVID-19 Recession with the Great Depression. ECONOMIC Synopses, Federal Reserve Bank of St. Louis, 39, 1-3. ttps://doi.org/https://doi.org/10.20955/es.2020.39

World Customs Organization (020, April 0 ). WCO and WTO join forces to minimize disruptions to cross-border trade in goods. Available Januaru 2, 2023, at : https://www.wcoomd.org/en/media/newsroom/2020/april/wco-wto-joint-statement-on-covid- 19-related-trade-easures.aspx

Similar Articles

<< < 26 27 28 29 30 31 32 33 34 35 > >> 

You may also start an advanced similarity search for this article.