期刊名称:International Journal of Advances in Engineering and Management
电子版ISSN:2395-5252
出版年度:2020
卷号:2
期号:2
页码:737-740
语种:English
出版社:IJAEM JOURNAL
摘要:Even before the onset of this pandemic, this region‟s economy was confronting turbulence on an account of disruptions in trade flows and attenuated growth. Things are moving fast with the COVID-19 virus. One thing is sure that COVID-19 is the quintessential „black swan‟, as two highlighting features of black swans are that their occurrence is highly unlikely and the impact they lay down is enormous, which was evident in the case the global financial crisis of 2008/2009. The situation has now been aggravated by the demand, supply, and liquidity shocks that COVID19 has inflicted. International, national and regional firms have found out the hard way just how vulnerable their globally integrated supply chains are. The paper focuses on, addressing the issues lying ahead as we look forward to a smooth course of economic recovery in India.