A surge in COVID-19 incidence in early April has shown that the world pandemic has not yet passed its peak. Morningstar and Fitch rating agencies forecast a reduction in global GDP in 2020 by 1.4% and 1.9%, respectively, while the Chinese economy will be the one to be hardest hit by the...

The peak of economic shock resulted from the first wave of COVID-19 has already passed in many countries, and currently, the focus of economic policy is shifting towards recovery. In the context of a gradual resumption of business activity and stabilization in financial markets, the authorities...

The United Kingdom's potential exit from the EU poses a number of macroeconomic risks. Considering the overall growth of uncertainty, the recession in the UK cannot be ruled out. The decline in capital inflows to the UK economy can be predicted, which could pose a threat to the stability of the...

The first assessments of the effects of the coronavirus epidemic suggest that the extent of global recession may exceed economic losses brought about by the global 2008–2009 crisis. However, it is not yet clear for how long a sharp slowdown of the global economic activity is going to last and...