The outbreak of SARS-Cov-2 Virus in China and across the world have already affected the global economy adversely. Corona is a Latin word which means ‘crown’. The novel virus has a crown (long club-shaped projections that collectively resemble a crown) and hence termed ‘coronavirus’, designating the present one as SARS-CoV-2 (also known as 2019 nCov). The popular name is COVID-19; where ‘CO’ and ‘VI’ represent coronavirus, ‘D’ disease and 19 is the year in which it was first identified in China. As the world is grappling with the virulence, India is taking a cautious approach to arrest its spread. With Kerala having much more exposure to the world, the spread of the virus will have a severe impact on the State. With the State already dealing with a financial crisis, the pandemic may have severe repercussions on its economy. This article attempts to see the impact of coronavirus on the economy of Kerala.
Views expressed by the author are personal and need not reflect or represent the views of Centre for Public Policy Research.
Dr Martin Patrick is Chief Economist at CPPR. He holds a PhD in Applied Economics from the Cochin University of Science and Technology (CUSAT), Kochi and also had a post-doctoral training at Tilburg University, Netherlands. Presently, he is a Visiting Fellow at Indian Maritime Institute, and Xavier Institute of Management and Entrepreneurship, Ernakulam.