Financial development, oil resources, and environmental degradation in pandemic recession: to go down in flames.

The novel coronavirus disease-2019 (COVID-19) is a deadly disease that increases global healthcare sufferings. Further, it affects the financial and natural resource market simultaneously, as both are considered complementary goods. The volatility in the oil prices deteriorates the global financial market to substantiate the "financial resource (oil) curse" hypothesis primarily filled with earlier studies. In contrast, this study moved forward and extended the given relationship during the COVID-19 pandemic in a panel of 81 different countries. The study's main objective is to examine the volatility in the domestic credit provided to the private sector due to oil shocks and the COVID-19 pandemic across countries. The study is essential to assess the healthcare vulnerability in the COVID-19 pandemic, leading to the damage of financial stability, causing deterioration in the oil rents to affect the global sustainability agenda. The study employed statistical techniques to get sound inferences of the parameter estimates, including robust least squares regression, seemingly unrelated regression, and innovation accounting matrix to get a variable estimate at the level and inter-temporal framework. The results confirmed the U-shaped relationship between oil rents and financial development during the COVID-19 pandemic. Thus, it verifies the "financial resource (oil) curse" hypothesis at the initial stage of the COVID-19 pandemic. Later down, it supports the capital market when economies are resuming their economic activities and maintaining the SOPs to restrain coronavirus at a global scale. The qualitative assessment confirmed the negative effect of financial development and oil shocks on environmental quality during the pandemic crisis. The innovation accounting matrix shows that the COVID-19 pandemic will primarily be the main factor that intervenes in the relationship between oil rents and financial development, which proceed towards the "resource curse" hypothesis during the following years' time period. Therefore, the need for long-term economic policies is highly desirable to support the financial and resource market under the suggested guidelines of restraining coronavirus worldwide.

Does COVID-19 pandemic disrupt sustainable supply chain process? Covering some new global facts.

The adverse effects of the coronavirus 2019 (COVID-19) pandemic are widely visible in the economic structure, while the principal causal factor is the disruption of the supply chain process that leads to the economies into a global depression. The purpose of the study is to identify the critical factors that affect the global sustainable supply chain process in the cross-sectional panel of 38 European countries, 14 North American countries, 40 Asian countries, and a heterogeneous panel of 111 countries. The results show that an increase in susceptible coronavirus cases and death tolls limits the supply chain process because of nationwide closures of industries and business activities. In contrast, an increase in the number of recovered cases supports economic activities and improved logistic performance index across countries. The innovation accounting matrix shows that since August 2020, the global coronavirus cases will decline and start resuming economic activities to increase the supply chain process. The result is further supported by the estimates of reduction in the proportion of death to recovered cases (case fatality ratio 1) to increase sustainable logistics activities. However, the supply chain process could affect an increasing death toll and case fatality ratio 2 (i.e., the proportion of death to registered cases) over time. The global economies should ensure a free flow of sustainable logistics supply, especially the supply of healthcare medical equipment that would help control the coronavirus pandemic, which escapes from the nations from a global depression.

Demographic, psychological, and environmental factors affecting student's health during the COVID-19 pandemic: on the rocks.

The novel coronavirus (COVID-19) is spreading exponentially, increasing fear, depression, and other mental health disorders in the general public. Pakistan's economy is suffered mainly by the novel coronavirus. The massive healthcare expenditures bring inadequacy to manage COVID-19. The study explored the effects of coronavirus fear among the students who remain in their homes due to educational institutions' closure. The study results show that female students mostly fear the coronavirus pandemic compared to their male counterparts that negatively impact their health. The "age" of the students and "household size" positively impact students' health, while the student's existing "healthcare profile" is not competitive enough to escape from the deadly coronavirus. The "knowledge" for the coronavirus pandemic and its prevention guidelines is the only solution to contain coronavirus. Simultaneously, "ignorance" is the foremost factor that could be more dangerous to spread coronavirus among the students; besides the COVID-19 pandemic, students and general public health mainly suffered from environmental pollution. The current epidemic also exacerbated environmental concerns among students isolated in their homes, and their outdoor activities are primarily limited. Hence, the student's quality of life is exposed mainly to environmental pollution over time. The "healthcare expenditures" and "government support" both are not competitive enough to control novel coronavirus. Thus, it required more sustainable strategic policies and national unity to controlled coronavirus with firm conviction and provincial synchronization.

Financial development during COVID-19 pandemic: the role of coronavirus testing and functional labs.

The outbreak of the SARS-CoV-2 virus in early 2020, known as COVID-19, spread to more than 200 countries and negatively affected the global economic output. Financial activities were primarily depressed, and investors were reluctant to start new financial investments while ongoing projects further declined due to the global lockdown to curb the disease. This study analyzes the money supply reaction to the COVID-19 pandemic using a cross-sectional panel of 115 countries. The study used robust least square regression and innovation accounting techniques to get sound parameter estimates. The results show that COVID-19 infected cases are the main contributing factor that obstructs financial activities and decrease money supply. In contrast, an increasing number of recovered cases and COVID-19 testing capabilities gave investors confidence to increase stock trade across countries. The overall forecast trend shows that COVID-19 infected cases and recovered cases followed the U-shaped trend, while COVID-19 critical cases and reported deaths showed a decreasing trend. Finally, the money supply and testing capacity show a positive trend over a period. The study concludes that financial development can be expanded by increasing the testing capacity and functional labs to identify suspected coronavirus cases globally.

Identifying the Potential Causes, Consequences, and Prevention of Communicable Diseases (Including COVID-19).

Communicable and noncommunicable diseases cause millions of deaths every year, increased billions of healthcare expenditures, and consequently increase trillions of economic losses at a global scale. This study more focused on the prevalence of communicable diseases, including COVID-19 that is an emerging pandemic, which affects the global economy. The objective of the study is to examine the impact of population density, lack of sanitation facilities, chemical concentration, fossil fuel combustions, poverty incidence, and healthcare expenditures on communicable diseases including COVID-19. The study covered a large panel of heterogenous countries to assess the relationships between the stated factors by using the robust least square regression, Granger causality test, and innovation accounting matrix. The study used a time series data from 2010 to 2019 for assessing the determinants of communicable diseases, while it is further extended with the current data of 2019-2020 for the COVID-19 pandemic. The results of the study show that high population density, lack of primary handwashing facilities, chemicals used in manufacturing value-added fossil fuel combustion, and poverty headcount substantially increase communicable diseases. In contrast, population diffusion, low carbon concentration in air, renewable fuels, and healthcare expenditures decrease infectious diseases in a panel of 78 countries. The causal inferences found the bidirectional relationship between communicable diseases and primary handwashing facility, and carbon emissions and poverty headcount, whereas the unidirectional relationship is running from lack of sanitation to infectious diseases, economic growth to carbon emissions, and communicable diseases to fossil fuel combustion across countries. Communicable diseases increase healthcare expenditures and decrease the country's economic growth which is a vital concern of the global economy to confront the outbreak of novel coronavirus through increasing the healthcare budget in national bills and stabilize financial activities at a worldwide scale.