Analysis of Past and Present Situation of COVID-2019 in the World and its Impact on the World Economy (29th May, 2021)

31 Pages Posted: 14 Jun 2021

See all articles by Naushad Khan

Naushad Khan

University of Agriculture, Peshawar - Institute of Development Studies; Institute of Development Studies

Shah Fahad

University of Agriculture, Peshawar

Mahnoor Naushad

University of Agriculture, Peshawar

Shah Faisal

University of Agriculture, Peshawar

Date Written: June 2, 2021

Abstract

The study was carried out since May,2021 and the major objective was to analyze the present and past situation about COVID-2019 in the world. Total 10 articles were downloaded from the net and read many time while day to day data was also included in the present article. The analysis indicates that COVID-2019 was first appeared in Wuhan December, 2019 but it was announced on 20th January ,2020 by WHO. During 21 days many people had gone out from China to other countries of the world. Through this way Corona was spread to the whole world. Till to day the total cases from December 2019 to 28,May 2021 is 170,875,005 while the total deaths were 3553682.The new cases were 256748 and the new death was 5499 while this year the highest death number was found in India which was only 3,016 in the present situation. During controlling different doses were applied for COVID-2019 . Among these doses Reschine, Panadal, Amoxil and steam etc were found best for its recovering. Majority people were died in the Hospitals. Vaccine discovery was in the full swing and at last in the present situation seven vaccines were discovered and found successful for its control. Now a day Prifzer/BioNTech application is on the top and its reach is 57, Oxford/Astrazeneca is second and its reach is 34, Moderna reach is 27, Sinopharm 10, Sputnic V reach is 5, Sinovac is 5 while Covaixin (Bharat BioTech) reach is only one. This year the coverage of vaccination in the world will be 20-27%. India has also discovered one vaccine by Covaxin/BioTech. Its production is 2.4 million doses a day. Vaccination has been started by world while some people do the propaganda that after two years vaccinated person will be died and it is a great hurdle for this program. The COVID-2019 has highly affected the world economy and make the people distress of the world while decreased the oil prices in the world which have devalued the oil price which reached to 2.17 Dollars per Galan in the world market. The economic growth of all the world countries has been affected. On the basis of problems the following recommendations were suggested for COVID-2019 controlling. In time Vaccine should be applied by all community of the world; SOPS should be applied by all person of the world; All countries boundaries should be sealed still COVID-2019 controlling; Developing countries should be funded for vaccination by WHO; All records of the vaccination persons should be kept safe; World propaganda against vaccine should be ignored and punish to those people. Provide fund to developing countries for enhancing their economies. Provide jobs to all people in the world for socioeconomic problems solution in the world.

Keywords: Analysis, COVID-2019, Past and Present, World

Suggested Citation

Khan, Naushad and Fahad, Shah and Naushad, Mahnoor and Faisal, Shah, Analysis of Past and Present Situation of COVID-2019 in the World and its Impact on the World Economy (29th May, 2021) (June 2, 2021). Available at SSRN: https://ssrn.com/abstract=3858620 or http://dx.doi.org/10.2139/ssrn.3858620

Naushad Khan (Contact Author)

University of Agriculture, Peshawar - Institute of Development Studies ( email )

Institute of Development Studies
Professor Colony Agriculture Peshawar
Peshawar, khyber Pakhtunkhwa 25000
Pakistan

Institute of Development Studies ( email )

Institute of Development Studies
Professor Colony Agriculture Peshawar
Peshawar, khyber Pakhtunkhwa 25000
Pakistan

Shah Fahad

University of Agriculture, Peshawar

Mahnoor Naushad

University of Agriculture, Peshawar

Shah Faisal

University of Agriculture, Peshawar ( email )

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