Not too long ago the buoyant economic growth made it a place to go for good returns on investments. But since this pandemic started, and especially when the lock-downs in many countries have taken effect, many countries have fallen far behind in terms of return on equity. This is a figure that represents the net income of a company as a percentage of the value of shares issued in it. The different government and their politics are doing their best to cope up with this ordeal. Many nations are hoping that this will soon overturn. They are praying that this pandemic will be over. With the introduction of the new vaccine for COVID 19, they are hoping that the economy will recover. Many successful businesses and company’s has gone through these stages to survive the pandemic:
- Restructuring the company
- Selling non-core businesses and
- Improving transparency
There is a long way to go for economies to fully recover. We are just hoping that it will be soon.