The repercussions of the Corona crisis on the local and global economy in the next 10 years

There is no doubt that the Corona pandemic is a deep local and global crisis that threatens the security and stability of countries in economic and social terms, and many countries have sought to try to understand this crisis and its repercussions in order to take proactive economic measures and packages before economic collapses occur. Due to the absence of a predictive study on the situation of the Iraqi local economy first, the developing world countries second, and the global third, the current study came to determine the repercussions of this crisis on the local and global economy in the next decade through three main aspects in which the crisis appeared: food, oil, and the poverty line.

Anahtar Kelimeler: Local economy, global economy, Corona

There is no doubt that the Corona pandemic is a deep local and global crisis that threatens the security and stability of countries in economic and social terms, and many countries have sought to try to understand this crisis and its repercussions in order to take proactive economic measures and packages before economic collapses occur. Due to the absence of a predictive study on the situation of the Iraqi local economy first, the developing world countries second, and the global third, the current study came to determine the repercussions of this crisis on the local and global economy in the next decade through three main aspects in which the crisis appeared: food, oil, and the poverty line.

Keywords: Local economy, global economy, Corona

Ali Adnan Dawood & Malath Fayeq Majeed (2022). The repercussions of the Corona crisis on the local and global economy in the next 10 years. Journal of Current Researches on Business and Economics, 12 (SE), 1-24.