Effect of the Corona Pandemic on Some Macroeconomic Variables – The Experiences of Selected Countries, With a Special Reference to Iraq
Submitted By
Noor Mahdi Dawood ALabid
To the Council of the College of Administration and Economics,
University of Karbala, which is part of the requirements for
obtaining a Master’s degree in Economic Sciences
Supervising
DR .Mohammed H. Kadhim Algburi
Covd-19 has been affected on economic sectors directly or indirectly, The pandemic affected on the macroeconomic variables, some of these macroeconomic variables (GDP, revenues, expenditures, budget, balance of payments, unemployment, poverty, indebtedness) for the sample countries Turkey, Tunisia, and Iraq have been studied. the standard aspect that depend on the monthly data of the variables (exports, imports, inflation) through two years (2020-2021) from analysis elected variables and the sample countries were selected because Turkey is one of the developed countries with a diversified economy, Tunisia was chosen because it is one of the countries With an economy similar to the economy of Iraq, as it relies on limited sectors in its economy. The object of the study is to prove that the number of injuries has an impact on the selected macroeconomic variables without exception, whether an economically developed country or an economically backward country, this study proved have an inverse relationship between the number of injuries and the selected variables in the short and long term, The number of injuries was associated with exports and imports in the Turkish economy by an inverse relationship in the short term only without a relationship between the number of injuries and inflation. regard to Tunisian economy, the number of injuries was correlated by an inverse relationship with exports in the short term and an inverse relationship by imports in the short and long term. As for Iraq, the number of injuries was associated by an inverse relationship with exports in the short and long term and by an inverse relationship with imports in the long term. In the short term, it has a direct relationship with inflation.
A number of conclusions were reached, including that the pandemic had an impact on all economies, whether industrial or rentier economies.
A number of recommendations were suggested that reduce the impact of such crises in the future.