COVID-19 pandemicECONOMIC policyINTERNATIONAL economic relationsThe COVID-19 pandemic disrupted the world economy in 2020. As of December 23, 2020 the World Health Organization (WHO) reports more than 76 million confirmed cadoi:10.11644/KIEP.EAER.2020.24.4.381Deardorff, Alan V....
COVID-19 will have a significant and lasting impact on the economy, but trade volumes will recover. The companies that will emerge with a competitive advantage in the next normal will be those that develop granular scenarios on how demand will evolve, appropriate playbooks to use in ...
Calling the resuming activity of China's offices and factories since February "a good sign for the global economy," Lee said as the world's second largest economy, China's COVID-19 battle is bound to have a wider impact, particularly on global production chains, tourism and stock markets. ...
The COVID-19 pandemic has had a profound impact on the global economy and financial markets. At present, there are signs of a second wave of the pandemic, with the number of cases in Europe, the United States, and other places rising again as control measures are relaxed and the weather ...
Covid-19CoronavirusSARS-CoV-2outbreaksocial distancingpandemicfinancial crisisglobal recessionpublic healthspilloversHow did a health crisis translate to an economic crisis? Why did the spread of the coronavirus bring the global economy to its knees? The answer lies in two methods by which coronavirus...
"The global economy will show a V-shaped recovery after the confirmed COVID-19 cases begin to slow down owing to countermeasures taken by affected countries," the research head said. He forecast that oil-producing countries are highly likely to consider the oil supply cut in the end as the...
The International Monetary Fund has revised up its forecast for global GDP in 2020, but still says the global economy will contract by 4.4% this year. The IMF also predicts a “long, uneven and uncertain” recovery from a worldwide recession sparked by the coronavirus pandemi...
Emerging and developing countries face multiple challenges during and after the pandemic. The Delta variant of the COVID-19 virus is taking a toll on emerging and developing countries where vaccine supplies are in short supply. Sub-Saharan Africa is experiencing a third wave of COVID-19 cases,...
economy falls apart and rebuilds itself quite regularly. What set the Great Recession apart from other recessions was how long it took to rebuild. The same may be true of the current recession. Worst Global Recession in History That Ever Happened Before the current COVID-19 recession, the ...
Bankers fear that cutting interest rates alone will not spur the world economy back into life after it has been hit by the coronavirus outbreak and that more government action is needed.COVID-19 is sweeping around the world and as cases increase, people are being told to av...