THE IMPACT OF THE COVID-19 PANDEMIC ON THE GLOBAL VALUE CHAIN - ESTIMATION AND FORECAST
RRSS 2020 No. 19 - Romanian Review of Social Sciences
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Authors:
• Emilia Cornelia STOICA, Liviu RADU -
Keywords: COVID 19 virus, pandemic, economic challenges, economic policies, economic crisis.
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Abstract:
The influenza epidemic caused by the COVID 19 virus is a major shock to the entire world economy and is expected to have important long-term consequences, considered as an economic crisis that will occur in a global economy already unbalanced by the highly fluctuating macroeconomic evolution of many developing countries and regions - for example most states in Africa and South America - as well as trade warfare.