Financial Economics
When the pandemic first arose in late 2019 and more consequently in 2020, the world was going via economic stagnation and vital client downturn. Most economists believed a recession, although one which would not be significantly severe, was coming. As a results of the speedy unfold of the pandemic, economies across the world initiated population lockdowns to curb the spread of the pandemic. This resulted within the collapse of various industries and consumerism suddenly, which put main pressure on banks and employment. With new social distancing measures taken in response to the pandemic, lockdowns occurred across much of the world financial system.
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