Question

Requirements

1          The Question

The COVID-19 (coronavirus) pandemic has exposed serious financial challenges in many countries across the globe. Discuss the effects of the COVID-19 on international financial management.

2          The Write Up

The write up should follow this outline:

1. Introduction
2. Overview (stylized facts) of International Finance System.
3. Discussion (address the key elements in the question)
4. Conclusion and policy recommendations
5. References.

Answer 1

Effect of covid-19 on overall global financial management are as follows-

A. Various Central banks are providing up with the stimulus from monetary policy

B.Central banks are cutting their interest rate to the extent of zero in order to support the economy and stimulate the demand

C. Various countries are also supporting themselves with bailout packages and other incentives in order to to inflate the demand in the long run

D. Countri are also supporting various companies in order to to help them sustain and survive this crisis through easy credit and relief packages

E. Employment in different countries is trying to be maintained because there are higher number of layoffs and lower growth in the overall economy

F. Central Government are also providing up with stimulus packages to its citizen through health stimulus plan