The COVID-19 pandemic and economic recovery: The mediating role of governance, a global perspective.

The COVID-19 pandemic, arguably the most extensive economic shock after the Great Depression, has drawn attention from policy custodians over the past three years. Governments' response brought to the limelight the role that governance plays in mitigating the economic shrinking effects of a pandemic. This study investigated the mediating role of governance in the post-pandemic recovery process using structural equation modelling of cross-sectional data from 125 countries for the years 2020 and 2021.