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Abstract

The new coronavirus, first emerged in the Chinese city of Wuhan last December, has infected more than30, 00,000 people in at least 206 countries and territories globally, according to the WHO, till date. The virus outbreak has become one of the biggest threats to the global economy and financial markets. Major institutions and banks have cut their forecasts for the global economy, with the Organization for Economic Co-operation and Development being one of the latest to do so. Meanwhile, fears of the coronavirus impact on the global economy have rocked markets worldwide, with stock prices and bond yields plunging. The supply chain management system is also affected by the same phenomenon Worldwide. Based on the aforesaid perspective the disruption of World Supply chain due to the outbreak of Covid-19 from China is discussed in this paper.

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