Effects of the Covid-19 Pandemic on the Global Economy

The Covid - 19 epidemic emerged in two thousand and nineteen, and despite all global efforts, it affected the whole world in a short time. It has shown its effects not only in the social sense but also in the economic sense at the global level. With the epidemic, a new world order has been defined, both culturally and economically, and a new normal concept has emerged irreversibly. In this process, the balances in the global economy were shaken and redefined. The aim of this study is to reveal the effects of the Covid-19 epidemic on the global economy. For this reason, the effects of the crisis on growth, employment and foreign trade were examined. In addition, the effects of the crisis on underdeveloped and developing countries, which have half of the global disposable budget, which is home to ninety percent of the world's population, are examined under a separate heading. The Covid-19 epidemic has seriously affected the global economy and we can say that countries have serious negative effects on growth, foreign trade and employment.