Impact of Covid 19 and developing countries
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AMSTERDAM/ROME, Apr 1 2020 (IPS) – What is likely to be the impact of the COVID-19 pandemic on developing economies? It is difficult to make predictions, because much will depend on the spread of the disease, especially in Africa, Latin America, Asia and the Middle East, and the measures various Governments will take in the coming weeks and months.
This two part article looks at possible economic impacts and what actions may be required to minimize disruptions on the poor and vulnerable. The first part looks at short term actions, whereas the second will look at possible medium to longer term developments.
In the short term there is likely to be a sharp drop in domestic consumer demand in most developing countries.
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Answer:Clovis is having a very huge impact on many developing countries so the pe Are suffering a lot due to financial losses in the country so COVID-19 is having a huge impact on economy as well as the population in the world
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