WORLD ECONOMIC PROBLEMS DURING THE COVID PANDEMIC

  • Iago Beridze PhD student, Faculty of Business Technology, Georgian Technical University, officer of the Western Division of the Tax Monitoring Department-Revenue Service of the Ministry of Finance of Georgia, Georgia
Keywords: global economy, economic growth, exports, imports, crisis

Abstract

The article discusses the main economic events during the Covid pandemic that caused significant damage to various countries, it also focuses on the main findings, parameters and numeric indicators observed during the current global economic problems, as well as on the action plans with which the countries began to tackle economic recovery, the article also implies principal challenges and recommendations, which will be important for effective planning and management of economic processes.

References

Data of Statista. (2021). “Unemployment rate in selected European countries as of June 2021” Retrieved from https://www.statista.com/statistics/1115276/unemployment-in-europe-by-country/.

EC.EUROPA.EU/EUROSTAT. (2021). “Euro area international trade in goods surplus”. Retrieved from https://trade.ec.europa.eu/doclib/docs/2013/december/tradoc_151969.pdf

International monetary fund. (2020). World Economic Outlook, October 2020: A Long and Difficult Ascent. Retrieved from https://www.imf.org/en/Publications/WEO/Issues/2020/09/30/world-economic-outlook-october-2020

International monetary fund (2021). world economic outlook. Retrieved from https://www.imf.org/en/Publications/WEO/Issues/2021/07/27/world-economic-outlook-update-july-2021

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National Bureau of Statistics of China. (2020). The Overall National Economy Maintained the Recovery Momentum in the First Three Quarters. Retrieved from http://www.stats.gov.cn/english/

Washingtonpost.com. (2020). Japan helps 87 companies to break from China after pandemic exposed overreliance. Retrieved from https://www.washingtonpost.com/world/asia_pacific/japan-helps-86d203b_story.html

World Bank Open Data. (2021) Foreign direct investment, net inflows (% of GDP). Retrieved from https://data.worldbank.org/indicator/BX.KLT.DINV.WD.GD.ZS

Trading economics. (2021) „Exports in European Union”. Retrieved from https://tradingeconomics.com/european-union/exports.

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Published
2021-11-17
Citations
How to Cite
Iago Beridze. (2021). WORLD ECONOMIC PROBLEMS DURING THE COVID PANDEMIC. International Journal of Innovative Technologies in Economy, (4(36). https://doi.org/10.31435/rsglobal_ijite/30122021/7709
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