Shivaprakash M Nagarale, School of Law, Christ University
ABSTRACT
There has been an unparalleled downfall in international trade since 2020 and continuing till the fourth quarter of 2021 caused due to the economic disorientation as a result of COVID-19. This caused an adverse impact on various trade routes, in terms of demand and supply disturbances. It is contended that such an impact primarily originated in the economies of major developed countries and further swiftly, reached to the developing countries, resulting in huge negative economic downfall in such developing countries. It is asserted that, international trade is also a prime factor in promoting economic recovery. The article tries to non-statistically evaluate how developing countries can try to boost the economic growth with speed and huge magnitude of recovery, with an emphasis on health sector.
Keywords: emergency measures, healthcare sector, global economy, crisis management, restructuring economy
