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

See all articles by Oluwasegun Benjamin

Oluwasegun Benjamin

Lightway Research and Technology Centre

Sodiq Jimoh

Kwara State University

Adewumi Otonne

Lagos Business School

Seyi Benjamin

University of Ilorin

Feyisayo Oyolola

Federal University Dutsin-ma

Date Written: September 30, 2020

Abstract

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

Benjamin, Oluwasegun and Jimoh, Sodiq and Otonne, Adewumi and Benjamin, Seyi and Oyolola, Feyisayo, Social Distancing and the Effects of COVID-19 Pandemic: A Study of the Six Regions of the World (September 30, 2020). Available at SSRN: https://ssrn.com/abstract=3754125 or http://dx.doi.org/10.2139/ssrn.3754125

Oluwasegun Benjamin

Lightway Research and Technology Centre ( email )

Nigeria
Nigeria
09034462353 (Phone)

Sodiq Jimoh

Kwara State University ( email )

P.M.B. 1530
Ilorin
Malete, Kwara State +234
Nigeria

Adewumi Otonne (Contact Author)

Lagos Business School ( email )

Nigeria
+2348055552371 (Phone)

Seyi Benjamin

University of Ilorin ( email )

university of Ilorin, Ilorin , Kwara state
Ilorin
Nigeria

Feyisayo Oyolola

Federal University Dutsin-ma ( email )

Along Katsina - Kankara Road
Dutsin-Ma, KS
Nigeria

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