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 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 3 Good Health and Well-being
Keywords*
- Covid-19
- Latvia
- economy
- GDP
Field of Science*
- 5.2 Economy and Business
- 5.9 Other social sciences
Publication Type*
- 6. Other publications
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