Abstract:
The main objective of this study is to extend an economic perspective on the outbreak
of COVID-19 pandemic in the Middle East economies. The COVID-19 pandemic, which
was initially considered as a Chinese-centric problem, has now affected more than
200 countries worldwide. The impact of the virus on human sufferings is unaccountable.
However, economists consider the repercussion of the outbreak as contagious economically as it has been medically. Throughout this paper, we mainly address a few important
research questions about the economic aspects of COVID-19. We further highlight
three critical channels through which the economic effect of the outbreak can be
assessed. Finally, we explain the case of Middle East states and demonstrate the pathways that explain the economic repercussion of this global pandemic on the region. We
conclude the paper by providing a few policy recommendations for the Middle East
economies to fight the crisis
