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Impact of COVID-19 Pandemic on Consumer Economy: Countermeasures Analysis

机译:Covid-19大流行对消费经济的影响:对策分析

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摘要

The COVID-19 pandemic will change China’s macroeconomic environment in terms of total demand and total supply in the next one to two quarters. The article compares the economic environment at present and that of severe acute respiratory syndrome (SARS) to define the potential influence of the new coronavirus (COVID-19). The potential impact on the macroeconomy includes the slower growth of consumption and investment, fluctuation of prices, and the contraction of export and import. The policy environment will also change in terms of monetary and fiscal policy, which will affect firms’ financing and tax paying. The impact on the consumer economy will be large. First, three modes of the influence on different types of retail industries include moderate, positive, and negative. The epidemic accelerates the revolution of business patterns in China, since the no-man delivery, sinking market, and indoors economy have emerged as the new powers in changing the business models. In general, although the impact of the epidemic on consumption seems comparatively the largest, the “compensatory consumption” can alleviate it to some extent.
机译:Covid-19 Pandemic将在下一到两个季度的总需求和总供给方面改变中国宏观经济环境。该物品将目前的经济环境与严重的急性呼吸综合征(SARS)进行比较,以确定新冠状病毒(Covid-19)的潜在影响。对宏观经济的潜在影响包括消费和投资增长较慢,价格波动以及出口和进口的收缩。政策环境也将改变货币和财政政策,这将影响公司的融资和纳税支付。对消费者经济的影响将很大。首先,三种不同类型的零售业的影响力包括中等,阳性和阴性。这种流行病加速了中国业务模式的革命,因为没有人的交付,下沉市场和室内经济被出现为改变商业模式的新力量。一般来说,虽然流行病对消费的影响似乎是相对的,但“补偿消费”可以在一定程度上缓解它。

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