Journal
EXPERT SYSTEMS
Volume 39, Issue 3, Pages -Publisher
WILEY
DOI: 10.1111/exsy.12677
Keywords
agriculture; automobile; consumer electronics energy and power; COVID-19; education; industry; pandemic; travel and tourism; WHO
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The recent outbreak of the novel coronavirus, COVID-19, has pushed the global economy and humanity into a disaster. Governments around the world have imposed nationwide lockdowns to control the pandemic, which has disrupted value chains of important industries and devastated the economy. The study discusses the impact of COVID-19 on various industrial sectors and provides insights for policymakers to overcome challenges in different sectors due to the pandemic.
The recent outbreak of a novel coronavirus, named COVID-19 by the World Health Organization (WHO) has pushed the global economy and humanity into a disaster. In their attempt to control this pandemic, the governments of all the countries have imposed a nationwide lockdown. Although the lockdown may have assisted in limiting the spread of the disease, it has brutally affected the country, unsettling complete value-chains of most important industries. The impact of the COVID-19 is devastating on the economy. Therefore, this study has reported about the impact of COVID-19 epidemic on various industrial sectors. In this regard, the authors have chosen six different industrial sectors such as automobile, energy and power, agriculture, education, travel and tourism and consumer electronics, and so on. This study will be helpful for the policymakers and government authorities to take necessary measures, strategies and economic policies to overcome the challenges encountered in different sectors due to the present pandemic.
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