International Trade Development After the Global Financial Crisis
Cvetnen Cvetkov () and
Evangelos Katsikudis ()
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Cvetnen Cvetkov: University of Economics - Varna, Varna, Bulgaria
Evangelos Katsikudis: University of Economics - Varna, Varna, Bulgaria
Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2022, vol. 11, issue 2, 57-63
Abstract:
The report focuses on an environment influenced by the global economic crisis of 2008-2010, the past global health crisis and Russia's subsequent military invasion of Ukraine. These three factors generate disastrous consequences in their wake, and a number of state models are unprepared for them. However, international trade managed to recover extremely quickly from the effect of the crises and generate growth already in 2021 on a number of its indicators. A point of view has been formed summarizing the importance of multiple participants in the economic system, especially the largest economies, but also the role of international cooperation in the field to achieve real results and provide aid to countries in need.
Keywords: Covid-19; international trade; sustainable development; global economic crisis; global issues. (search for similar items in EconPapers)
JEL-codes: A00 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vra:journl:v:11:y:2022:i:2:p:57-63
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