Impacts of Covid-19 on the Economy: limits, challenges and policies

• Autor(a) principal: Ferreira Junior, Reynaldo Rubem
• Data de Publicação: 2020
• Outros Autores: Santa Rita, Luciana Peixoto
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Cadernos de Prospecção (Online)
• Texto Completo: https://periodicos.ufba.br/index.php/nit/article/view/36183
• topic: Covid-19; Economia; Políticas.; Covid-19; Economy; Policies.

This study analyses the impacts of Covid-19 on the economy. Specifically, analyzed the shocks of supply, demand and financial, macroeconomic policies and lessons and opportunities. The article aims to answer the following question: what are the limits, lessons and challenges of the impact of Covid-19 on the economy in Brazil?. The study is qualitative, being descriptive about the objectives. In this way, a bibliographic and documentary research. As a result, Covid-19 exposes weaknesses in the economy, such as falling oil prices, commodities, jobs, recession, currency weakening, rising public debt and recession in Brazil and the world. It is added that there is a 12% contraction between January and March 2020 in the world economy (REPORT JPMORGAN, 2020). However, it is concluded that there is an opportunity for policies in the areas of health and education and a space for the debate of the entrepreneurial state in the coming years.