The COVID-19 crisis is affecting the entire world economy and of Africa in particular. No single country, state or Kingdom on the globe is left out from the consequences of the pandemic outbreak that has been devastatin...
Noting that the current COVID-19 crisis is affecting the entire world economy and that of Africa, the 55-member pan African bloc said in its latest report on the impact of COVID-19 on African economies issued on Monday stressed that "some key sectors of the African economy are already exp...
Although the pandemic has officially ended, the repercussions of the public health crisis have left the global economy in turmoil, with global recession reaching a record high, unemployment reaching a peak, and disrupted global value chains negatively affecting the flow of factors of production, ...
Research shows that the supply and demand for talent in some industries have been affected by COVID-19. The pandemic could also affect what people want to pursue as a career, and the choice of major which students choose to pursue at universities. How is it going to affect job seek...
Supply chains collapse, companies are facing bankruptcy, and mass unemployment ensues. Covid-19 has triggered a global financial crisis and is forcing states to develop rescue packages on a scale not seen before. In addition, the crisis has called into q
UNCTAD/DITC/INF/2020/1 *Thisdocumenthasnotbeenformallyedited TechnicalNote GlobaltradeimpactoftheCoronavirus(COVID-19)Epidemic Preparedby:DivisiononInternationalTradeandCommodities,UNCTAD 4March2020 OVERVIEW “Itisunavoidablethatthenovelcoronavirusepidemicwillhaveaconsiderableimpactonthe economyandsociety”-China’s...
Such a revision is caused by the COVID-19 outbreak which has dragged down the country's export of raw materials and import of capital goods, affecting the tourism sector amid global economic slowdown triggered by the ravaging pandemic.
the global economy will be able to pick up quickly in the future. Long-term factors affecting the economy as a result of countries' unconventional policies to deal with the pandemic are still accumulating and worsening, especially debt problems caused by the expansion of fiscal spending, which ...
Davide Proserpio was one of the first academics to study the sharing economy as he completed his Ph.D. Today he is considered a leading expert in the so-called “gig” economy. We asked him five questions about how the COVID-19 pandemic and resultant shutdown are affecting the sector. ...
been yielding above 20 per cent of economic growth. But during the pandemic, the tourism industry came to a halt affecting the livelihoods of millions. A report by UNWTO predicted a loss of around 910 billion to 1.2 trillion dollars in the export revenues of the tourism sector in 2020 alone...