Latvia and Covid-19: Preliminary impressions

Dzintars Mozgis; Normunds Vaivads

Latvia and Covid-19: Preliminary impressions

Rīga Stradiņš University

Research output: Other contribution

Abstract

Like in other countries also in Latvia the COVID-19 pandemic has set numerous challenges having caused an unprecedented health-related and economic crisis. The International Monetary Fund (IMF) estimates that the global economy shrunk by 4.4 percent in 2020 and such a decline created the worst recession since the Great Depression of the 1930’s with the ongoing impact of COVID-19. The crisis undermined global financial stability, and large segments of the global economy ground to a standstill. Despite the development of new vaccines, uncertainty remains what recovery could look like.

Original language	English
Publisher	Centrum Balticum
Number of pages	8
Publication status	Published - Apr 2021

Publication series

Name	BSR Policy Briefing
No.	4
ISSN (Print)	2342-3153

Keywords*

Covid-19
Latvia
economy
GDP

Field of Science*

5.2 Economy and Business
5.9 Other social sciences

Publication Type*

6. Other publications

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

https://www.centrumbalticum.org/files/5041/BSR_Policy_Briefing_4_2021.pdf

Cite this

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AU - Vaivads, Normunds

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AB - Like in other countries also in Latvia the COVID-19 pandemic has set numerous challenges having caused an unprecedented health-related and economic crisis. The International Monetary Fund (IMF) estimates that the global economy shrunk by 4.4 percent in 2020 and such a decline created the worst recession since the Great Depression of the 1930’s with the ongoing impact of COVID-19. The crisis undermined global financial stability, and large segments of the global economy ground to a standstill. Despite the development of new vaccines, uncertainty remains what recovery could look like.

KW - Covid-19

KW - Latvia

KW - economy

KW - GDP

M3 - Other contribution

T3 - BSR Policy Briefing

PB - Centrum Balticum

ER -

Latvia and Covid-19: Preliminary impressions

Abstract

Publication series

Keywords*

Field of Science*

Publication Type*

UN SDGs

Access to Document

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Cite this