COVID-19 Impact on Developing and Poorer Economies

Natalya Yuryevna Rodygina and Vladislav Igorevich Musikhin
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Natalya Yuryevna Rodygina: Russian Foreign Trade Academy
Vladislav Igorevich Musikhin: Russian Foreign Trade Academy

Russian Foreign Economic Journal, 2020, issue 9, 27-41

Abstract: The COVID-19 pandemic has spread at astonishing pace around the world aff ecting millions of people. The human costs are already high and continue to grow. The pandemic represents the biggest economic shock the world economy has experienced in decades, causing a collapse in global business activity. The authors argue that lockdown and other restrictions were one of the factors that slowed down the growth of low-income countries and triggered changes in the global macroeconomic environment. The article provides an analysis of the current statistical data and the key economic indicators of the group of countries under consideration

Keywords: developing countries; COVID-19 pandemic; world economy (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2020_9_27-41

DOI: 10.24411/2072-8042-2020-10089

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