Global socio-economic consequences of the covid-19 coronavirus pandemic and measures to eliminate it
In the short-term, the global spread of coronavirus infection, first identified in Wuhan, China, and known as COVID-19, is leading to a deterioration in the socio-economic situation in almost all countries. The global pandemic of coronavirus COVID-19 has not only killed many people, but it has been also damaging the global economy on an unprecedented scale since the Great Depression. The ability of COVID-19 to destroy personal life, business, industry and the
entire economy has become known to the world community. The main purpose of this article is to summarize the socio-economic impact of COVID-19 on individual aspects of the world economy and the measures taken by countries to address its consequences and analyze their importance
and role in broad economic development.