“The Impact of COVID-19 on Financial Markets, Banking Systems, and the Overall Economy

COVID-19 emerged as a black swan event that stifled the global economy. COVID-19 resulted in social isolation within countries, closed borders, loss of business, loss of employment, industry-wide shutdowns, and many more adverse economic effects. Governments across the globe initiated fiscal and monetary stimulus programs to combat the damaging economic effects caused by the virus. […]

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