BMAF006-20: Analyzing the Socio-Economic Impact of COVID-19 in UK

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Added on  2023/06/09

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This report assesses the widespread impact of the COVID-19 pandemic on the United Kingdom, focusing on its effects on healthcare, the economy, and social life. It examines the reasons behind the fluctuations in COVID-19 case numbers and their consequences, utilizing statistical data and charts to illustrate the pandemic's effects on the UK's healthcare system. The report also delves into the economic repercussions, including the impact on local government consumption and revenue, and discusses government measures to mitigate financial strain. Furthermore, it explores the changes in social life, highlighting collaborative efforts to aid recovery and support vulnerable populations. The analysis concludes that the pandemic has significantly affected the country's social, economic, and financial well-being, while also acknowledging the implementation of improvement plans and policies.
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Basic Statistics and ICT
skills
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Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
TASK 1............................................................................................................................................3
1. Explain the reason behind the sharp increase and decline in the number of cases and its
impact..........................................................................................................................................3
2. Explain the impact of Covid-19 on the healthcare facility of the country...............................4
3. Impact of Covid-19 on the economy of UK............................................................................5
4. Impact of Covid-19 on the Social Life of the people of UK...................................................6
TASK 2............................................................................................................................................7
TASK 3............................................................................................................................................7
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
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INTRODUCTION
The following report is regarding the impact of Covid-19 on the UK. It shows that the how it
affected the growth and economic factors of the nation. The following report includes the impact
of the increase in the number of cases in UK and the impact of pandemic on the healthcare
system of UK by using charts to depicts the outcome of the increase in the number. At paragraph
regarding the impact of pandemic on the economy of UK. Covid-19 has also affected the social
life of the people across the UK (Claro and et.al., 2018).
MAIN BODY
TASK 1
1. Explain the reason behind the sharp increase and decline in the number of cases and its
impact.
The monetary effects of the COVID-19 emergency contrast sharply across regions.
Territorial currency specialization in areas that are directly or implicitly presented to
emergencies and cooperation in global value chains enhance the impact of emergencies,
especially in regions with a high proportion of SMEs (OECD, 2021[2]). Regions are also
uniquely affected by "telecomm ability," and this is reinforced by computerized segregation.
Overall, the proportion of occupations available for remote work is 13 points higher in urban
communities than in provincial areas. Compared to a similar period in 2019, the unemployment
rate expanded significantly in the second half of 2020 in many OECD regions, such as Chile, the
Czech Republic, Greece, Mexico and Spain. In these countries, the change in unemployment in
the worst-affected areas was twice the national rate.
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The COVID-19 pandemic has prompted states to quickly activate restrictions on provincial
events and shifts in administrative strategy. It also calls for a field-based approach to
emergencies and rehabilitation, and underscores the importance of compelling initiatives. It
demonstrates the importance of a coordinated, meeting and collaborative approach between
government and non-government entertainers. This emergency likewise highlights the
fundamental role that confidence in open institutions plays—emergencies for boards and well-
being outcomes—and the power of successful communication with partners and residents
(Krutova and et.al., 2021).
2. Explain the impact of Covid-19 on the healthcare facility of the country.
The declared cases and related deaths, health emergencies have produced particularly
varied outcomes in regions and regions within countries. Mortality rates vary widely across
regions in some countries, reflecting different access by health management, different
weaknesses in the disease (for example, segmentation models, different rates of comorbidity,
etc.), and the diversity of local financial situations. Dense metropolitan areas were hit the hardest
in the early days of the pandemic, but in the second half of 2020 and in 2021, COVID-19 spread
to less populated parts of some countries. Evidence from many countries shows that areas with
lower pay gaps and those who are rejected have higher mortality rates.
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Designate restoration assets at all levels of government to transform the carbon nonpartisan
economy. Familiarize yourself with computerized zoning measures in emergency recovery
technology plans and monetary growth strategies, and increase focus-level assistance to the
digitalization process, especially for SMEs, less fortunate metropolitan and remote provincial
networks. Assist with an open-ended venture capital approach focused on green, computerized,
and comprehensive needs by proposing conditions (Meng, Qiu and Boyd‐Wilson, 2019).
3. Impact of Covid-19 on the economy of UK.
The 2020 information confirms the adverse impact of well-being and financial
emergencies on local government consumption and revenue. While this effect exists, it is less of
an impact than initially outlined in some countries, such as Finland, France, Germany, Japan, and
Spain. This can be attributed in part to key focus/national government measures to help with
community financing, as well as reserve funds in use, and delays or scratches on speculative
projects. In any case, impressive vulnerabilities remain over longer horizons. There are various
variables behind this. First, there are loopholes in healthy environments and immunization
promotion. Second, the numerous essential uses recognized in 2020 cannot be admitted
endlessly. Third, in many countries, fee income in 2020 reflects activity in 2019 rather than
2020. Fourth, the impact on local finances in 2021 and 2022 will depend on the continuity and
extent of help provided by the more important state-run government.
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State-run governments have provided huge financial help to protect businesses, families
and vulnerable populations. Since March 2020, global monetary aid has totaled $13.8 trillion,
including $7.8 trillion in additional spending and forgone revenue and $6 trillion in value
injections, credits and guarantees. This far exceeds any aid provided during the 2008 global
monetary emergency. Many countries and the EU are coordinating new funding and reallocating
public subsidies to meet urgent needs, supporting health services, SMEs, vulnerable populations
and areas particularly affected by emergencies (Mohanty and Mishra, 2020).
4. Impact of Covid-19 on the Social Life of the people of UK.
Collaborate between metropolitan engagements to aid recovery procedures by guaranteeing
understandable well-being/mitigation rules, pooling assets, and enhancing speculative value
opening doors, such as through joint acquisitions. Effectively strive for and promote cross-line
participation, and promote cross-domain rational recuperation (such as line recovery, regulatory
measures, vacation system, temporary experts).
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Strengthen public and local support for vulnerable assemblies to limit further deterioration
of conditions and strengthen the comprehensiveness of the recovery phase. Achieving this can
include simplifying and cooperating with access assistance programs, guaranteeing very specific
management, providing adequate and more imaginative financial assistance maps, and
distinguishing requirements for changing currency balance approaches. Utilize computerized
portals (e.g. e-benefits, e-training) to help ensure continued administration, noting differences in
regional, currency and social access (van Laar and et.al., 2019).
TASK 2
Attached Excel
TASK 3
Attached PPT
CONCLUSION
From the above report it can be concluded that the pandemic situation has affected the
social, economic and financial health of the country. It can be seen that the country has made
plans for the betterment of people. The health infrastructure has improved and various steps have
been taken for the improvement in the health infrastructure and economic policies of the
government.
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REFERENCES
Books and Journals
Claro, M. and et.al., 2018. Teaching in a Digital Environment (TIDE): Defining and measuring
teachers' capacity to develop students' digital information and communication
skills. Computers & Education, 121, pp.162-174.
Krutova, O. and et.al., 2021. Two sides, but not of the same coin: digitalization, productivity and
unemployment. International Journal of Productivity and Performance Management.
Meng, L., Qiu, C. and Boyd‐Wilson, B., 2019. Measurement invariance of the ICT engagement
construct and its association with students’ performance in China and Germany:
Evidence from PISA 2015 data. British Journal of Educational Technology, 50(6),
pp.3233-3251.
Mohanty, E. and Mishra, A.J., 2020. Understanding the gendered nature of developing country
MSMEs’ access, adoption and use of information and communication technologies for
development (ICT4D). International Journal of Gender and Entrepreneurship, 12(3),
pp.273-295.
van Laar, E. and et.al., 2019. Determinants of 21st-century digital skills: A large-scale survey
among working professionals. Computers in human behavior, 100, pp.93-104.
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