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Recently, the coronavirus pandemic has caused economic developments in major economies to drift apart: While infection rates were declining and production was experiencing strong growth in places such as Europe and the United States in the second quarter of 2021, emerging economies were...
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In 2020, the coronavirus pandemic triggered the largest drop in global output since World War II. However, it turned out to be less than expected at the beginning of the pandemic. International organizations are improving global economic outlook as the vaccination of the population accelerates...
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Global economic output is expected to grow by 3.7 percent this year, and with a slightly stronger dynamic in the coming year; both predictions match the figures proposed in DIW Berlin’s spring forecast, even though the year started off somewhat weaker than expected. But overall, economic...
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During its independence, post-Communist Georgia has not been able to create an economic system that would serve as the basis for its sustainable economic development. Neither have the reforms conducted after the "Rose Revolution" met the expectations. A consumer economy, typical for poor...
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Knowledge has emerged as a fundamental driver of economic growth and development by inter alia improving the effectiveness and efficiency of economic projects and boosting the process of finding new avenues of addressing developmental policy syndromes. Recent evidence suggests that Africa is on...
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