التبعات الاقتصادية لتفشِّي فيروس «COVID-19» على اقتصادات الدول:سياسات وتدابير حماية الاقتصاد الوطني من الانهيار

Abstract

This paper sheds light on the Coronavirus (COVID-19) outbreak crisis. It records and analyzes the global consequences of the virus outbreak, and particularly its consequences for the Arab world. The main questions of the paper are: What are the economic consequences resulting from the COVID-19 outbreak for state economies? What are the policies and measures that should be followed and taken for protecting a national economy from collapse? The strategy of countries in the region when following crisis management policies and avoiding the economic consequences of the COVID-19 outbreak is based on ten measures applied to the financial sector and economic and social activities. These measures are as follows: the financial policy and monetary policy, the sovereign funds, the governmental guarantee of family costs for categories of people who are unauthorized to practice economic activity,  the trade traffic between the region’s countries and African markets, monitoring financial transfers from and to other countries, agricultural production, market surveillance and rapid enforcement of penalties on all offenders, activation of the roles of civil society, charitable organizations (whether they are national, local, or international), the social responsibility of institutions, and transparency and disclosure of business outcomes associated with crisis management.