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The Impact of COVID – 19 on Pakistan’s Export Oriented Economic Growth

Journal: Journal of Economics and Business (Vol.4, No. 3)

Publication Date:

Authors : ;

Page : 114-125

Keywords : COVID – 19; Economy; Economic Growth; Financial Crises; Global Recession; Public Health; House Hold Income; Global Economy; Exports;

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Abstract

This study focuses on the Impact of COVID-19 on export-oriented economic growths of countries. We had tried to get the adjacent picture of the main affected areas of the world and their effects on economic growth. Pakistan also faced the harmful effects of this pandemic. The situation got worst when it was controlled with lockdown policies. It destabilized the vulnerable economy and economy shrinks down due to COVID-19. A mixed approach was conducted for this research study. As I have to see that to what degree the pandemic has affected the Pakistan's economy and economic growth. The research aims to discover the impacts of COVID-19 on the export-oriented economic growth of Pakistan. The research methodology is based on a descriptive approach and a quantitative data analysis technique will be used to analyze the data. Other than human tragedy, the COVID – 19 has been an unpredicted shock for world economy Global Output estimated by IMF fallen by 3.5% in 2020 and all developed, undeveloped and under developing countries are hit by this wave hardly.

Last modified: 2021-08-15 22:42:44