World economy

11.02.2021

The global economy may face new challenges in the first quarter of 2021, according to a report from UN experts.

According to the organization’s report to the Conference on Trade and Development (UNCTAD), retail will be the hardest hit.

Experts say the industry will shrink by one and a half percent, while the service sector is expected to decline by seven percent. It is also emphasized that at this stage it is the service sector that has a decisive negative impact on world GDP, while trade in goods, on the contrary, is gradually recovering.

It is noted that problems in the economy are still associated with the restrictions imposed due to the coronavirus pandemic. In particular, therefore, experts are concerned about the tourism industry, since it is, in their opinion, the most affected.


Views: 461
Saved: 29.01.2023




subscribe to the newsletter

Site policy
When working with site materials, it is allowed to use text with a mandatory hyperlink to the source. The editors of the site do not always share the opinions of the authors of the articles.


     



©2020 Барлық құқықтар сақталған.




Wait please...

Хорошая погода, не так ли?

Subscribe to the newsletter


The operation completed successfully.



ERROR!