Between April and June 2020, the International Labour Organization estimated that an equivalent of 400 million full-time jobs were lost across the world, and income earned by workers globally fell 10 percent in the first nine months of 2020, equivalent to a loss of over US$3.5 trillion.
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cpguintao
covid 19 considered a threat to Philippine Economy? Yes Or No?
cpguintao
Epidemics, of the size of Covid-19, have huge economic impacts – not just from the costs of managing the health of people, but stopping them, and keeping the economy working. The 10% fall in global stock markets since it became clear that Covid-19 would not be limited to China has boldly highlighted this.
Suppressing the epidemic, but allowing the economy to still function, requires key decisions, in which central banks and finance ministries play a part.
cpguintao
The Global and Regional Contexts of COVID-19 1. Brief Chronology of Events in the Philippines 2. Steps taken by the Philippine Government in Fighting the Invisible Enemy 3. Current Status of the COVID-19 Situation in the country 4. Impact of COVID-19 on Peoples’ Lives 5 Some Analyses and Conclusions
cpguintao
In the case of the Philippines and Cambodia it’s a worst situation because both are economically and politically very dependent on China. Eighty (80%) percent of Cambodia’s economy is dependent on China. The “Build, Build, Build” mega flagship projects of the Duterte’s government are mainly dependent on China’s funding support.
Answers & Comments
Answer:
Overall economic contraction
Between April and June 2020, the International Labour Organization estimated that an equivalent of 400 million full-time jobs were lost across the world, and income earned by workers globally fell 10 percent in the first nine months of 2020, equivalent to a loss of over US$3.5 trillion.
Hope it helps <3
Suppressing the epidemic, but allowing the economy to still function, requires key decisions, in which central banks and finance ministries play a part.
1. Brief Chronology of Events in the Philippines
2. Steps taken by the Philippine Government in Fighting the Invisible Enemy
3. Current Status of the COVID-19 Situation in the country
4. Impact of COVID-19 on Peoples’ Lives
5 Some Analyses and Conclusions
Answer:
OK lang yan kaya mo na yan lods