write a topic on the influence of Covid 19 on socio-economic development.
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Social distancing, self-isolation and travel restrictions forced a decrease in the workforce across all economic sectors and caused many jobs to be lost. ... In response to this global outbreak, we summarise the socio-economic effects of COVID-19 on individual aspects of the world economy.
“The COVID-19 pandemic is far more than a health crisis: It is affecting societies and economies at their core. While the impact of the pandemic will vary from country to country, it will most likely increase poverty and inequalities at a global scale, making achievement of SDGs even more urgent.
Assessing the impacts of the COVID-19 crisis on societies, economies and vulnerable groups is fundamental to inform and tailor the responses of governments and partners to recover from the crisis and ensure that no one is left behind in this effort.
Without urgent Socio - Economic responses, global suffering will escalate, jeopardizing lives and livelihoods for years to come. Immediate development responses in this crisis must be undertaken with an eye to the future. Development trajectories in the long - term will be affected by the choices countries make now and the support they receive.”
Over the next 12 to 18 months, the Socio - Economic response will be one of one of three critical components of the UN’s COVID-19 response, alongside the health response, led by WHO, and the Global Humanitarian Response Plan.