Social Distancing and the Effects of COVID-19 Pandemic: A Study of the Six Regions of the World
27 Pages Posted: 25 Dec 2020 Last revised: 1 Mar 2021
Date Written: September 30, 2020
Background: COVID-19 is caused by infection from the new strain coronavirus, and it is transmitted through unprotected contact. We reviewed the health, social and economic impact of coronavirus, estimated its prevalence and incidence rates and evaluated the policy responses with emphasis on the six regions of the world.
Methods: The study employed quantitative techniques to estimate the prevalence and incidence rates of coronavirus of the Six Regions. The data used for the analysis was obtained from WHO and Worldometers.
Results: The findings revealed that Saudi- Arabia, Peru, India, Singapore, Spain, and South Africa recorded the highest prevalence rate of COVID-19 as of 31st August 2020. The study also reported that COVID-19 disrupted the supply chains, caused the loss of jobs, and affected the standard of living in most countries analyzed. In addition, evidence suggested that the virus has a negative impact on the healthcare system and the global and domestic economies of nations.
Conclusions: COVID-19 has threatened the lives of the people economically. It also affected the national prosperity, health, and social life of the people. The COVID-19 incidence rate curve in some countries is still far from reaching its peak. The study recommends that aside from introducing novel approaches to the spread of the virus, the government should strengthen the health system by increasing healthcare investment. The government should also learn from other similar countries where certain policy responses (social distancing and restrictive measures) are highly effective.
Keywords: Coronavirus Incidence Rate; Coronavirus Prevalence Rate; Socio-Economic Impacts of Coronavirus; Coronavirus Policy Responses; Health Impacts of COVID-19
JEL Classification: E60, F49, I18, Z10
Suggested Citation: Suggested Citation