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. 2021 Dec;28(48):68251-68260.
doi: 10.1007/s11356-021-14986-0. Epub 2021 Jul 15.

The impact of the COVID-19 pandemic on socio-economic and sustainability

Xueli Wei  1   2 , Lijing Li  1 , Fan Zhang  3
Affiliations

The impact of the COVID-19 pandemic on socio-economic and sustainability

Xueli Wei et al. Environ Sci Pollut Res Int. 2021 Dec.

Retraction in

Abstract

The COVID-19 pandemic has adversely affected the lives of people around the world in millions of ways . Due to this severe epidemic, all countries in the world have been affected by all aspects, mainly economic. It is widely discussed that the COVID-19 outbreak has affected the world economy. When considering this dimension, this study aims to examine the impact of the COVID-19 pandemic on the world economy, socio-economics, and sustainability. In addition, the research focuses on multiple aspects of social well-being during the pandemic, such as employment, poverty, the status of women, food security, and global trade. To this end, the study used time series and cross-sectional analysis of the data. The second-hand data used in this study comes from the websites of major international organizations. From the analysis of secondary data, the conclusion of this article is that the impact of the pandemic is huge. The main finding of the thesis is that the social economy is affected by the pandemic, causing huge losses in terms of economic well-being and social capital.

Keywords: Employment; Pandemic; Social economy; Sustainability; coronavirus disease; food safety; poor.

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Conflict of interest statement

Conflict of interest

The authors declare no competing interests.

Figures

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Quarterly GDP for 2020
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Aggregate OECD GDP
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Global growth rates
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Unemployment rate for countries
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OECD employment rates
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Percentage change in global activity indicators
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