ABSTRACT

The novel coronavirus spread through a system of interconnection – a network – which is a group of informed parts that are linked together. The global economy exists in a broad relational framework with exchange, interconnected functions, and material operations. Global networks – including financial, migration, production, social, technology, and trade – are important elements of the international economy. Even though the process of globalization increases the flow of goods and services, expands markets, and increases income, it also leads to uneven outcomes.