PROSPECTS AND PROBLEMS OF GLOBAL ECONOMIC DEVELOPMENT IN THE CONTEXT OF THE COVID-19 PANDEMIC

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Larysa NIKOLENKO
Olga PARKHOMENKO
Tymur ISHCHEIKIN
Annа MALASHENKO

Abstract

The article examines the essence of the concept of "Covid-19 pandemic" from different points of view, analyzes the dynamics of the spread of the Covid-19 pandemic in the countries of the world, considers factors that will affect the development of the world economy in the post-covid period, determines the consequences of the COVID-19 pandemic for the world economy ; examines additional factors that need to be taken into account when developing forecasts for the development of the world economy for 2021-22. The analysis of financial indicators of the development of the economies of the leading countries of the world, namely the dynamics of GDP changes, is carried out. Based on macroeconomic indicators (exports, imports, GDP), a forecast for GDP growth in the leading countries of the world and Ukraine for 2020-21 has been developed. The main prospects for the development of the world economy in the conditions of Covid-19 are defined, namely: an increase in transport costs (through the closure of borders and the establishment of restrictions on the movement of goods), the dynamic development of e-commerce (through the closure of most retail establishments),a decrease in urbanization (through the ability to perform work remotely)B opportunities for the National producer (production of substitute goods to meet the needs of the domestic market), changes in consumer behavior (a large number of employees can continue to work remotely, which can reduce transportation costs and fuel demand, which will reduce the level of environmental pollution from harmful emissions)

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