financial crisis

BY: Elena Lazzaro* , Luca Carelli* PEJOURNAL - The Covid-19 crisis has shaken the global economy putting many countries on their knees. Although this isnot the first pandemic in human history, Covid-19 presents a number of characteristics that make it a uniqueevent. First of all, much like with natural disasters, this virus comes from exogenous factors uncorrelated to countries’economies; however unlike these, it does not remain circumscribed to a specific area.Additionally, when comparing the current economic recession to that of 2007, it appears clear that the formerdoes not present a sheer financial nature; however, as in the case of the…