http://management.eurekajournals.com/index.php/GJIBED <p style="text-align: justify;"><em><strong>Global Journal on International Business and Economics Development (GJIBED)</strong></em> is a scholarly peer review, refereed journal<em><strong>&nbsp;</strong></em>from the boquet of Eureka Journals&nbsp;which&nbsp;has its objective of the publication and dissemination of original work in all fields of Business and Economics Development. It fosters thus the exchange of ideas among researchers in different places and also among researchers who emphasize on different aspects of the foundations and applications of the field. The journal focuses on a fast peer review process of submitted papers to ensure accuracy, relevance of articles and originality of papers.</p> en-US admin@eurekajournals.com (Eureka Journals) Mon, 04 Dec 2023 16:55:02 +0000 OJS 3.0.0.0 http://blogs.law.harvard.edu/tech/rss 60 http://management.eurekajournals.com/index.php/GJIBED/article/view/781 <p>The coronavirus outbreak has rapidly escalated into a significant global economic risk, the viral outbreak has been seen to pose a major destabilising threat to the global economy. The spread of the virus is causing disruption of global supply chains, volatility in financial markets, consumer demand shocks and negative impact in key sectors like travel and tourism. It also represents a serious mounting threat to the fragile Chinese and global economies.</p> <p>We can’t ignore the fact that the outbreak of COVID-19 in China is expected to have a significant impact on the economy globally including economic slowdown, trade, supply chain disruption, commodities, and logistics. And also The Coronavirus (COVID-19) has resulted in mass production shutdowns and supply chain disruptions due to port closures in China, causing global ripple effects across all economic sectors in a rare “twin supply-demand shock”, This research paper explains the impact of COVID on the global economy, then the countries of Asia, Latin America, Africa, Nigeria, and India, and how to deal with this crisis.</p> Abeer Mohamed Abdel Razek Youssef http://management.eurekajournals.com/index.php/GJIBED/article/view/781 http://management.eurekajournals.com/index.php/GJIBED/article/view/784 <p>China is a major exporter of commodities to African countries, and the economic contraction in China is expected to have spillover consequences for African countries through the negative impact on African businesses that rely heavily on China for the supply of primary and intermediate raw materials. The coronavirus crisis is affecting many African countries, and the number of confirmed cases have been rising rapidly with a particularly severe situation in South Africa, Egypt, Algeria, Morocco and Cameroon.</p> <p>The COVID-19 pandemic began to impact African economies heavily and destroy livelihoods Among the factors were: falling demand for Africa’s commodities; capital flight from Africa; a virtual collapse of tourism and air transport associated with lockdowns and border closures; and depreciation of local currencies as a result of a deterioration in the current account balance.</p> <p>This study analyses the COVID-19discuss the pandemic which has affected the global economy has also affected the African economy through spillovers to African countries. as well as, introduce snapshot of immediate impacts of the pandemic on health, economies, peace, security, human rights and humanitarian assistance in Africa.</p> Dr. Abeer Mohamed Abdel Razek Youssef http://management.eurekajournals.com/index.php/GJIBED/article/view/784