COVID-19 Pandemic: A Snapshot of Global Economic Repercussions and Possible Retaliations

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This study is basically, a phenomenon analysis reflects the enormous losses of lives and livelihoods amid the COVID-19 pandemic. People in the world are not in normal life followed by the food crisis, jobless life, spreading hunger, economic collapse, health hazard, and contactless societal life due to highly contagious coronavirus. The study also tries to show some of the alternative ways and strategies both in the health and economic sector by which people in the globe can get away from contagion and save their lives and livelihoods from coronavirus. In short, the paper has three major stages, the introductory part is the first phase, discussing the the dilemma between containing measures and economic emergency, secondly trying to give an overview of the sudden shock of COVID-19 on advanced, developing, and emerging economies, and finally discussing possible economic responses to fix the global financial and economic stability during full swing of SARS-COV-2 and after the virus is truly beaten."