ABSTRACT
Covid-19 is an external crisis with unclear economic consequences. However, it is well known that due to the nature of the pandemic, several countries' businesses have been severely harmed by lockdowns. This study attempted to explain how Covid-19 has changed the employment of small and medium businesses with various demographic variables for this purpose. Furthermore, business continuity and digitization were investigated. The study's data was collected from the Data for God project, which was run by the World Bank, the OECD, and Facebook. As a result of the research, more than half of the workers laid off due to COVID-19 could not be rehired for about two years. In terms of business continuity, only 46.2 percent of businesses believe they can continue operations for a year or more. In addition, digital sales decreased in some European countries during this period.
ABSTRACT
With the spread of the COVID-19 pandemic in 2019, many countries and the World Health Organization (WHO) began to take urgent measures to control the disease and its effects. This article explains and evaluates satisfaction with the measures taken by Turkey and WHO against COVID-19 and the impact of the pandemic on financial prospects. The level of satisfaction and financial expectations of Turkish citizens towards COVID-19 were compared with Chi-square analysis in terms of age, gender, education, social class, and occupations. According to the results of the analysis among Turkish citizens, individuals over the age of 56 and those in the middle class differ significantly from others in terms of satisfaction with the measures taken by the government. In terms of satisfaction with the measures taken by WHO, the middle class, high school graduates, and skilled workers aged 26-35 are proportionally more satisfied than others. Moreover, the difference in these categories was statistically significant (p<0.05). Categories of gender, social class, and occupation show statistically significant differences in terms of those who expect a serious impact of Covid-19 on the personal financial situation of individuals. Among those who think that the country's economy will be seriously affected, education, social class, and occupation categories show statistically significant differences (p<0.05). Turkey has taken many radical economic, administrative, and legal measures, especially in the field of health, to combat COVID-19. While the measures taken by the government were received with general approval, satisfaction with the measures taken by the World Health Organization was found to be lower. The expectation is high that COVID-19 will have a serious financial impact, however, statistically significant differences were found between social classes in the analysis in terms of both satisfaction and financial expectations (p<0.05).