Article Analysis | Assignment-1

Running head: ARTICLE ANALYSIS
Article Analysis
Name of the Student
Name of the University
Student ID

ARTICLE ANALYSIS1
Table of Contents
1. Economic impacts of Wuhan 2019‐nCoV on China and the world............................................2
2. How a Virus Pandemic Led to a Toilet Paper Shortage..............................................................3
3. What's behind Saudi Arabia's oil price war with Russia?...........................................................4
4. New OECD estimates suggest a 22% hit to Australia’s economy..............................................6
5. Coronavirus lockdown: India grapples with migrant workers’ exodus.......................................7
Reference.........................................................................................................................................9

ARTICLE ANALYSIS2
1. Economic impacts of Wuhan 2019‐nCoV on China and the world
Author: Foster K. Ayittey, MatthewK. Ayittey, Nyasha B. Chiwero, Japhet S. Kamasah and
Cristian Dzuvor
Journal of Medical Virology, Wiley, March, 2020
https://www.researchgate.net/profile/Foster_Ayittey/publication/
339209152_Economic_Impacts_of_Wuhan_2019-nCoV_on_China_and_the_World/links/
5e4cb74e299bf1cdb935729f/Economic-Impacts-of-Wuhan-2019-nCoV-on-China-and-the-
World.pdf
Summary
The article speaks about the probable impact on the economy of China and other parts of
the world due to outbreak of the novel coronavirus. The outbreak started in the city of Wuhan
which is considered to the financial hub or business center of the central China. With GDP,
growth of the city more than whole of China depicts the contribution of the city to the economy.
Thus, outbreak of the virus would impact the business in the city. To stop the outbreak from
spreading further the city and other parts of the country are under complete lockdown causing
business and production to halt for long time (Khan et al. 2020). Economy of China is the second
largest in the world and it contributes 16.3% to global GDP. The outbreak majorly hamper the
stock market, tourism and automotive sector. Thus along with fall in growth of China whole
world will suffer.
Reflective
The topic in the article shows how a pandemic like novel Coronavirus could impact the
economy of a country and economy of the world (Ahani and Nilashi 2020). It shows how
continuous production is necessary for growth. In addition to that, pandemics or outbreak of
diseases hampers the efficient use of resources. Pandemics act like a natural disaster but slowly.
It is necessary to lockdown the city or the place where a virus outbreak occurs to stop its spread

ARTICLE ANALYSIS3
(Fernandes 2020). However, to do so all the businesses operating in the city needed to be
stopped. The complete shutdown breaks the supply chain and thus production is hampered.
Services get stopped and if this continues, then the cost burden of companies increase and thus
job cuts are done to reduce cost. This further leads to decline in come of the people and
aggregated demand in the economy along with aggregate supply declines (Ball, Sadka and Tseng
2016). Continuous fall in these two factors eventually leads to reduction of total output if the
economy and pushes it to recession. Therefore, the concern of the article of slowing economy
due to outbreak of the novel coronavirus is justified.
2. How a Virus Pandemic Led to a Toilet Paper Shortage
Author: Brielle Jaekel
Supply and Demand Chain Executive, March 19, 2020
https://www.sdcexec.com/warehousing/blog/21123125/how-a-virus-pandemic-led-to-a-toilet-
paper-shortage
Summary
The article speaks about the shortage of toilet paper occurred due to outbreak of the
Coronavirus disease. The article focuses on the condition of the US on advent of Coronavirus
spread across the country. In order to contain the spread of the virus the US has used the policy
of isolation and lockdown so that no people comes out of the home even for work and maintain
social distancing. Considering, unexpected condition and having no idea of the future people
started to sock all the daily necessities as much as possible to lower the need to getting out of the
home. Thus, sudden rise in the demand for toilet paper has put pressure on the supply chain.
People are purchasing around 6 months toilet paper at once causing shortage of supply in the