In: Finance
Requirements
1 The Question
The COVID-19 (coronavirus) pandemic has exposed serious financial challenges in many countries across the globe. Discuss the effects of the COVID-19 on international financial management.
2 The Write Up
The write up should follow this outline:
1. Effects of covid-19 on the global financial management are as follows-
A.Central Bank of many countries are trying to stimulate the demand because the demand has been completely evaporated from the Global markets due to physical shutdown
B. There is an expectation of impending recession all over the globe
C. There is wide amount of financial layoffs and it has led to the the degrowth of many economies because they are stuck.
D.Central governments as well as Central banks are trying to provide up with various kinds of monetary easing policies in order to cut the interest rates to 0 in order to inflate the demand in the economy
E.Central banks are also providing up with stimulus packages to the various sections of society
F. Corporates stimulus and fiscal stimulus have also been provided to various sectors of economy in order to make them survive and sustain through this coronavirus crisis because there would be a widespread collapse of multiple organisations due to contagion.