The Impact of the COVID-19 Pandemic on Social Economy and Sustainability
Abstract The Corona virus has been raging on across the world affecting hundreds of countries and billions of people. Naturally, it has had huge impacts on the world economy as a whole and the lives of people. This study aims to find out the effects that the COVID-19 has had on social economy and sustainability. The study takes up the primary aspects of social well-being like Poverty, Employment, The Condition of Women, Global Trade and Food Security and tries to find out the impact that the pandemic had on them. Analysing secondary data and reports from major international organisations like the United Nations and World Bank, this paper concludes that the effects of the pandemic have been huge. All the major aspects of the social economy have been affected by the pandemic and have resulted in huge losses in terms of economic well-being and social capital.