Open AccessWorld seaborne trade in the 1990-2019 period and its perspective in COVID ERA
Author(s) -
Romeo Boşneagu
Publication year - 2020
Publication title -
scientific bulletin
Language(s) - English
Resource type - Journals
eISSN - 2392-8956
pISSN - 1454-864X
DOI - 10.21279/1454-864x-20-i2-015
Subject(s) - period (music) , covid-19 , perspective (graphical) , economics , world trade , international trade , economy , biology , medicine , physics , disease , pathology , virology , artificial intelligence , outbreak , computer science , acoustics , infectious disease (medical specialty)
In the period 1990-2019 the world economy grew and declined with good and bad periods, with smaller and stronger crises (such as the 2009 one), which seems to have not ended. Word seaborne trade, directly related to international world and merchandise trade followed their upward and downward trends, but with much higher amplitudes. The comparative analysis of global economic developments in 2005-2018 period shows a declining trend of all economic indicators, accentuated in the covid and post-covid 19 era.