Price variation in lower goods as of previous economic crisis and the contrast of the current price situation in the context of covid-19 in peru

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The following chapter aims to investigate the impact on the prices of inferior goods from COVID-19, a global pandemic with a spread never before seen, and in order to stipulate the possible consequences, a contrast was made with past world crises in order to speculate the state in which the country and its citizens would be economically benefited. The chapter has been based on articles previously carried out by specialists, said essays, likewise, that have been contrasted by different authors; therefore, it could be stipulated that the methodology used throughout the trial was the one applied, since it was based on prior knowledge from great scholars on the subject. The results found indicate that, even though the country is in an uncertain outlook, the possibilities of economic recovery are high since previous economic crises denote large drops in money fluctuation with a high rate of recovery.

Translated title of the contributionVariación de precios en bienes inferiores a partir de crisis económica anterior y el contraste de la situación actual de precios en el contexto del covid-19 en perú
Original languageEnglish
Title of host publicationAdvances in Business and Management Forecasting
PublisherEmerald Group Holdings Ltd.
Pages161-166
Number of pages6
ISBN (Electronic)978-1-83982-090-8
ISBN (Print)978-1-83982-091-5
DOIs
StatePublished - 1 Sep 2021

Publication series

NameAdvances in Business and Management Forecasting
Volume14
ISSN (Print)1477-4070

Keywords

  • COVID-19
  • Economic crisis
  • International business
  • International price
  • Lower goods
  • Peru

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