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The COVID-19 pandemic has shown us that the world around us can change before our eyes. In mid-March, people retreated to their homes, economies crawled to a halt, industries took massive hits, and countries rushed to develop policies to combat the spread of a virus many of us had never even heard of. Now, in early September, many of us have settled into remote work, pushed off our travel plans, and adapted to practices like mask-wearing to adjust to living in the midst of a pandemic. But what about the economy? Let’s look at the recovery and state of the economies of a few countries around the world.
In Europe, Germany has . This stimulus includes . According to the Wall Street Journal, Germany is experiencing a . The , aided a speedy economic recovery.
In Southeast Asia, the economies of countries such as Malaysia and Thailand are threatened by . The country had a to get the economy back to normal. In Thailand, the .
In the United States, the economy is . The job market is showing a gradual recovery with , showing an overall improvement in the economic state of the country. In terms of employment by sector, the .
The coronavirus pandemic has impacted almost every facet of our lives, from our day-to-day habits to the state of entire economies. As we can see, there are many factors that influence the recovery of an economy after disruption, including political stability, the workforce, and economic relief provided by the government to citizens and corporations. Only time will tell the next steps for countries around the world and we progress through this uncharted territory.
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