... development institutions will need to be devised to assist the developing economies to surmount the effects of the decline in remittances with respect to the financing and budgetary needs
The Covid pandemic dealt a blow not only to the state of the world economy, but to its most important asset, namely human capital. In particular, one of the most significant implications of the Covid pandemic has been the sizeable shock delivered to migration flows and the related flow of remittances. The drastic reduction ...
... greater by an order of magnitude due to the lack of quarantine measures. The Kurdish Self-Administration identified two more cases in
northeast
Syria back on April 28.
Initially, Syrian experts thought that the country’s marginalization in the global economy would make it less vulnerable to the pandemic. The authorities established a governmental headquarters and deployed a standard set of measures to combat the infection: borders were closed, air travel was suspended, people arriving in the country ...
... of criticism for the U.S. President, who is adamant about securing his second term in office. It is hard to find any other positive agenda as soon as he
failed
to deliver an efficacious response to the pandemic, which has already put the country's economy at risk of
recession
with a gloomy long-term economic outlook.
Russia can no longer alone serve as a scapegoat for misdoings of U.S. politicians. Such rhetoric has been present in American media for such a long time that it has eventually lost ...
... economic agents will be increasingly directed at crisis prevention and raising the resilience of the global economic system to renewed shocks.
The first thing to understand about the concept of “the world without a crisis” is that in a globalized economy there needs to be a critical mass of international cooperation – in fact the current crisis is first and foremost a crisis of multilateralism and international cooperation. Even in current conditions of increased separation across countries ...
On July 9, 2020, the Russia-EU Forum video conference was held to discuss the geopolitical and economic consequences of the COVID-19 pandemic and the global recession. The conference was held by the Russian International Affairs Council, Aspen Institute (Italy), in cooperation with European Council on Foreign Relations (ECFR), and with the support of the Italian Ministry of Foreign Affairs and International Cooperation.
On July 9, 2020, the Russia-EU Forum video conference was held to discuss the...
... “multilayeredness” that are characteristic of relations between Russia and Europe, and the corresponding “narrowing of contacts and aggravation of tone” for some time seriously worsened the situation in all previously successful areas of cooperation: in the economy, trade and industry, healthcare, and agriculture, social sphere, science and, of course, in the entire foreign policy course as a whole.
Nevertheless, it is interpersonal relations and the language of society today that are still one of the key ...
Based on the convergence of interests, relations between Pakistan and Russia will be further strengthened
Prime Minister of Pakistan Imran Khan sent a message of greeting on the occasion of the Russian Victory Day celebration, "Pakistan extends warm felicitations to the Government and people of the Russian Federation on Russia Day. Russia is Pakistan's important partner. We continue to work for forging a long-term and multidimensional partnership."
Vladimir Morozov, Andrew Korybko: ...
... professionals who monitor risks at the international level and can be deployed at the country level to work towards lowering the systemic risks at hand.
Given the difficulties, including severe budget constraints, that are likely to be experienced by the global economy in the post-crisis setting in creating new international organizations, a significant part of the institutional adjustment will need to be borne by the United Nations. As we approach the 75
th
anniversary of the United Nations the current crisis ...
... the scale of the decline in economic activity this year is set to overshadow the depths of the fall observed more than a decade ago.
Notwithstanding the relatively recent periods of volatility and several waves of crises in the past decade, the world economy this time around was caught off-guard. For markets the current crisis will likely involve a re-assessment of global risks, among which those of resurgent epidemics episodes are complemented by other global vulnerabilities such as breaches of cybersecurity,...
The current worldwide economic decline might question the positions of the country
The structure of the Chinese economy is very complex and requires a high degree of planning in both micro- and macroeconomic areas. Since 1953, this system of planning has been performed by creating so-called ‘five-year plans’. The idea of implementing five-year plans came from ...
