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Personal cabinetCOVID-19 pandemic impact on the development of the world economy and international trade
Bibliographic description of the article for the citation:
Худик Микола. COVID-19 pandemic impact on the development of the world economy and international trade//Science online: International Scientific e-zine - 2023. - №7. - https://nauka-online.com/en/publications/economy/2023/7/02-19/
Annotation: The article analyzes the impact of the COVID-19 pandemic on the development of the global economy and trade. It is determined that in the short term, COVID-19 had the most significant impact on the dynamics of world GDP, world exports of goods and services, and foreign direct investment A statistical analysis of the negative consequences is carried out and the destructive impact on the activities of global companies integrated into international value chains is revealed. The social consequences of the restrictions on labor activity during quarantine are determined. It is determined that the factor of globalization and interdependence has great importance for the development of economies of individual states, as well as entire regions and continents.