Economic Impact of the Covid-19 Pandemic

World Health Organization (WHO) reports more than 37 million COVID-19 infection and 1 million death cases during the period from December 30, 2019 to October 11, 2020 (WHO, 2020). For Azerbaijan, this number is confirmed as 42381 infection and 612 death cases.
For the purpose of fighting the pandemic, countries take necessary public health measures having a social and economic influence on people lives. Although the motion pattern of COVID-19 is indefinite, COVID-19 spread proceeds with the serious effects on health systems, life style, mutual social influence, economic activities, public policies and financial markets (WHO, The Economic and Social Impact of COVID-19 in the Eastern Mediterranean Region, 2020).

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