The economic fallout and the education system of the world during the pandemic period

Abstract

As economies around the world continue their lockdowns and domestic battles against Covid-19, world trade has been declining at an unprecedented rate.e economic impact of the coronavirus is still a guessing game at the moment, but one thing is for sure: it is going to be big. The impact on the services sector alone has already been estimated in the hundreds of millions of dollars as restaurants and shops which would usually have been full of customers over the Chinese New Year holiday, were forced to shut their doors with no immediate sign of reopening