2020
DOI: 10.1080/10599231.2020.1745046
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Globalization, the Challenge of COVID-19 and Oil Price Uncertainty

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Cited by 34 publications
(28 citation statements)
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“…As reported in Gralinski and Menachey (2020) the seafood market in Wuhan was closed down because of the incidence of this disease. Also Causing huge number of deaths (Al-qaness et al 2020; https://www.worldometers.info/coronavirus/), falling global oil price and economic lockdown of major economy of the world such as USA (Ajami, 2020) of which Nigeria is not left out of the negative impact of the COVID-19 (Akanni and Gabriel, 2020). Igwe (2020) argued that the world economy faces worst-ever economic recession due to the outbreak of the COVID-19.…”
Section: Introductionmentioning
confidence: 99%
“…As reported in Gralinski and Menachey (2020) the seafood market in Wuhan was closed down because of the incidence of this disease. Also Causing huge number of deaths (Al-qaness et al 2020; https://www.worldometers.info/coronavirus/), falling global oil price and economic lockdown of major economy of the world such as USA (Ajami, 2020) of which Nigeria is not left out of the negative impact of the COVID-19 (Akanni and Gabriel, 2020). Igwe (2020) argued that the world economy faces worst-ever economic recession due to the outbreak of the COVID-19.…”
Section: Introductionmentioning
confidence: 99%
“…This problem is bilateral, as the export of oil and its sub-products has been reduced due to sanctions and the price of oil has fallen below $20 a barrel as a result of shocks and the sharp decline in demand due to the COVID-19 pandemic. 5 As a result, Iran's foreign exchange earnings have declined exponentially.…”
Section: If We Assume That Iran Is Not Under Sanctions With Drugs Andmentioning
confidence: 99%
“…Yet, despite such restrictions being imposed, many countries, India included, have experience sharp jumps in cases due to existing gaps in their healthcare systems and vulnerabilities in their socioeconomic and political-administrative setups ( McAleer 2020 ), which exacerbate contamination risk and dampen recovery rates. Furthermore, the closure of offices and factories has already cast a lasting effect on the global economic landscape ( Ajami 2020 ; Gong et al 2020 ; McKibbin and Fernando 2020 ). Large numbers of low-income migrant workers, who mostly live on-site at their workplaces or are heavily dependent on daily incomes/wages for sustenance, have perforce been uprooted.…”
Section: Introductionmentioning
confidence: 99%