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Abstract


Effects of the Global Pandemic Crisis on the World Economy
The People's Republic of China, which is the starting point of the Covid -19 epidemic, is one of the dominant economies that steer the world economy. This situation appears as a determining factor in the extent of the cycles in the global economy. In this respect, considering the exponential rate of the epidemic, the incidence of the epidemic around the world increases day by day and increases social and eco-nomic uncertainties and risks. While the outbreak is producing dis-ruptions in the internal economies of the country's economies and production processes, the increase in the uncertainty over the epi-demic poses the risk of a systemic crisis, primarily through activities such as global trade, tourism and transportation. In this study, the scenarios and effectiveness of monetary-fiscal measures and the effec-tiveness of monetary and fiscal measures regarding the shape and length of the recession on the global economy within the framework of the economic risks arising from the pace of the outbreak.

Keywords
Covid-19, Global economy, Monetary Policy and Fiscal Policy.


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