Introduction.- Pandemics and Economic Crisis.- Impact of COVID-19 on Global Economy.- Plummeting Oil Prices and Oil Demand.- Major Stock Markets of the World: An Overview.- Literature Review.- Objectives and Methodology of the Study.- Analysis and Findings.- Conclusion.
Dr. Bhaskar Bagchi works as an Associate Professor in the Department of Commerce, University of Gour Banga, Malda, West Bengal, India. He has teaching and research experience of more than eighteen years and is an active reviewer of many reputed international journals. He has published books on finance and has several publications in some of the leading finance journals of the world. His areas of interests include corporate finance, capital markets and financial econometrics.
Dr. Susmita Chatterjee is currently an Assistant Professor of Economics in the Department at the Maharaja Manindra Chandra College, Kolkata (affiliated to the University of Calcutta) and a Visiting Professor at the Department of Commerce of the university for supervising doctoral students. She graduated from Lady Brabourne College and completed her M.Sc. in Economics at Calcutta University through Presidency College, and later received her M.Phil. from Calcutta University, from where she also obtained her PhD. Before joining the university, she was pursuing postdoctoral research at the Indian Institute of Management Calcutta. She has published a number of papers, book chapters and a books with leading publishers such as Springer, Emerald, Sage, and Palgrave Macmillan. Her research interest is in industrial organisation, applied microeconomics, applied development economics.
Raktim Ghosh is presently pursuing his PhD research in the Department of Commerce, University of Gour Banga. He is also serving as a guest faculty in the Department of Commerce, Maharaja Srischandra College. He graduated from Heramba Chandra College and completed his M.com from the Department of Commerce, University of Calcutta. He also pursued M.Phil in Commerce from the University of Calcutta. His research interest area includes capital market, mutual funds, stress, macro economic developments and other contemporary issues in the subject.
Dr. Dhrubaranjan Dandapat is a Professor in the Department of Commerce, University of Calcutta and the Honorary Secretary of Indian Accounting Association Research Foundation (IAARF). Formerly he was Dean of the Faculty of Commerce, Social Welfare and Business Management, University of Calcutta and also the Director of Calcutta University – Calcutta Stock Exchange Centre for Excellence in Financial Markets (CU-CSE, CEFM). He has successfully supervised many PhD scholars. Being a teacher and researcher of international repute he has several international publications and has attended and chaired sessions in numerous conferences in India and abroad.
This book captures the dynamic relationship between COVID-19 pandemic, crude oil prices and major stock indices as well as the crude oil prices and stock market volatility that have been caused due to outbreak of this pandemic. The pandemic has changed the world melodramatically and major world markets collapsed in the beginning, affecting major industries in an unprecedented way. The book will be useful to the researcher in the field of finance and economics, and policy makers both at government and private level, keeping in view the present state of economy throughout the world.