THE INFLUENCE OF THE COVID-19 OUTBREAK ON THE ECONOMY OF THE BALTIC STATES

Lela Mamaladze () and George Abuselidze
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Lela Mamaladze: Ivane Javakhishvili Tbilisi State University

Economics and Management, 2022, vol. 19, issue 1, 1-11

Abstract: The pandemic caused by the spread of Covid-19 has become the biggest challenge in the modern world not only for healthcare, but also for economic, political, social, cultural or other sectors. This paper examines the impact of the pandemic on the leading industries of the economies of the Baltic States. Also, the trend of changes in GDP and unemployment rates is analyzed and the circumstances leading to similar and different outcomes are identified. Based on the results of the research, conclusions and recommendations of practical importance have been developed.

Keywords: COVID-19; Crisis; Economy; Pandeconomy; Baltic States (search for similar items in EconPapers)
JEL-codes: F63 G01 H12 R58 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:neo:journl:v:19:y:2022:i:1:p:1-11

DOI: 10.37708/em.swu.v19i1.1

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