Open AccessWORLD ECONOMIC SITUATION AND PROSPECTS: UN\DESA VIEW WITH SOME UPDATES FORM CMASF
Author(s) -
Д. Р. Белоусов,
Alexander Apokin
Publication year - 2021
Publication title -
naučnye trudy volʹnogo èkonomičeskogo obŝestva rossii
Language(s) - English
Resource type - Journals
ISSN - 2072-2060
DOI - 10.38197/2072-2060-2021-228-2-32-51
Subject(s) - shock (circulatory) , covid-19 , moment (physics) , political science , development economics , economics , medicine , physics , disease , pathology , classical mechanics , infectious disease (medical specialty)
UN\DESA report highlights the topic of recovery resilient to shocks such as COVID-19, and sums up the peculiar historic moment of 2020 as the worst growth in 90 years (–3.4% WGP). For the CIS region, the economic situation and prospects were drastically different depending on whether there was a fiscal buffer. Last year was not just the largest economic shock in the century, it has also posed two new global development challenges both for the world and for Russia.