financial injection

Which Country Will Recover First from COVID-19?

Besides being dangerous for world health, with more than a million people infected, this pandemic also has a huge influence on the global economy, and many experts are warning us how this can be another economic crisis that will hit all world.

Source:cfr.org

The economies of most countries have stopped, and they are trying to figure out what measures would help the economy and society after the pandemic ends. According to some announced measures and active measures, we can see that the best control over this crisis can be seen in Norway, Denmark, Sweden, and Luxembourg, where they are fighting with a virus, but they also prepared a special set of measures that will save their economies when the quarantine days are over.

The United States also came up with the idea to help their economy, and assign special funds for small businesses, families, and children. They are hoping that a good financial injection into every industrial sector would prevent the fall down of the entire economy.

Source:thenewsmarket.com

Another country that seems like it gained control over the crisis is China when this pandemic started in the first place. They were fighting with the COVID-19 for a long time, and there are first clues that the situation is calming down.

Some countries were prepared for the outbreak, like Russia, or Finland, where we can the situation is under control, and there are no too many new people diseased. Also, Singapore is one of the countries with the smallest death rates, with only three victims from a total of around 900 infected.

South Korea is also controlling the situation, especially because of its rapid measures and responsible citizens. Furthermore, since Hong Kong already had experience with some similar outbreaks in recent history, they are dealing well and their medical centers were well prepared since the beginning.