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What is Global Recovery

Emerging Trends and Insights on Economic Inequality in the Wake of Global Crises
Global recovery is the recovery in a country’s economy which happens or affects all parts of the world.
Published in Chapter:
Post-Pandemic Global Inequalities: Causes and Measures
Neelima K. (Sree Vidyanikethan Engineering College, India) and Subhas Chennapalli (JNTUA College of Engineering, Kalikiri, India)
DOI: 10.4018/978-1-6684-5289-9.ch003
Abstract
The global spread of COVID-19 in the post-pandemic situation had a very drastic impact on various aspects of livelihood. The deaths have risen to more than 3.1 million wherein majorly the aged people remained in danger. The other aspects include the inequalities in sectors like unequal income, prices, opportunity, vaccine access, global recovery, extreme poverty, rising debt levels, etc. The major causes of these are regional trends, migration of skilled workers, the impact of policy, climate mitigation, and adoption policies, etc. Due to sudden switching of teaching in online mode, the education levels have drastically fallen causing learning poverty too. The extreme increase in basic commodities and fuel prices is seen in post-pandemic situations. The climate conditions are also drastically affected causing the people to migrate from one place to another place globally or locally. This chapter details the various causes of post-pandemic situations and the measures to overcome them for eradicating global inequalities.
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