Global economic impact of the COVID-19 pandemic. Analysis from the most affected sectors

Authors

DOI:

https://doi.org/10.15381/quipu.v28i57.17903

Keywords:

Trade, COVID-19, economic crisis, pandemic, tourism

Abstract

Nowadays, The COVID-19 is a virus already known by everyone, given the pandemic situation that has been declared worldwide. This is an unprecedented health crisis in the current history, which has forced the governments of several countries to take restrictive measures regarding the business activity and mobility of citizens. The research analyses, firstly, the consequences of this world crisis on the economy, through economic indicators such as stock market values, oil price, rate of unemployment or the GDP index of countries such as Spain or the United States. Then, the study focuses on two of the most affected sectors: Tourism and trade. Through qualitative analysis by in-depth interviews, reveals how these two sectors have lived this crisis and which are their expectations.

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Author Biography

  • Noelia Araújo Vila, Universidad de Vigo

    Doctor in Tourism Management and Planning and Bachelor of Business Administration and Management. Since 2007 she has collaborated in the coordination tasks of the University Master in Tourism Management and Planning and teaches classes as a visiting professor in the Departments of Business Organization and Marketing and Financial Economics and Accounting of the University of Vigo (Spain), in addition to cooperating in various research projects in the business and tourism field. He is a member of the EMITUR (Marketing and Tourism) research group at the University of Vigo. He has a Master in Management and Direction of SMEs (2007) with an award for the best business project.

Published

2020-08-31

Issue

Section

Review Articles

How to Cite

Araújo Vila, N. (2020). Global economic impact of the COVID-19 pandemic. Analysis from the most affected sectors. Quipukamayoc, 28(57), 85-93. https://doi.org/10.15381/quipu.v28i57.17903