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COVID-19 Impact on Developing and Poorer Economies

Author

Listed:
  • Natalya Yuryevna Rodygina

    (Russian Foreign Trade Academy)

  • Vladislav Igorevich Musikhin

    (Russian Foreign Trade Academy)

Abstract

The COVID-19 pandemic has spread at astonishing pace around the world aff ecting millions of people. The human costs are already high and continue to grow. The pandemic represents the biggest economic shock the world economy has experienced in decades, causing a collapse in global business activity. The authors argue that lockdown and other restrictions were one of the factors that slowed down the growth of low-income countries and triggered changes in the global macroeconomic environment. The article provides an analysis of the current statistical data and the key economic indicators of the group of countries under consideration

Suggested Citation

  • Natalya Yuryevna Rodygina & Vladislav Igorevich Musikhin, 2020. "COVID-19 Impact on Developing and Poorer Economies," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 9, pages 27-41, September.
    • Handle: RePEc:alq:rufejo:rfej_2020_9_27-41
    DOI: 10.24411/2072-8042-2020-10089
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    Cited by:

    1. G. A. Petrosyan & I. B. Petrosyan & E. G. Petrosyan, 2023. "Unevenness in the Economic Impact of the COVID-19 Pandemic: The Depth of the Economic Decline in Different Countries and the Factors that Caused It," Studies on Russian Economic Development, Springer, vol. 34(4), pages 554-564, August.

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