The Scenarios of Russia's Macroeconomic Development in 2020 and Macroeconomic Policy Proposals
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AI-generated summary
The coronavirus epidemic may cause a global recession exceeding that of 2008-2009, though the duration of economic slowdown remains uncertain.
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Abstract
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 forecasts are based on the assumption that the economy recovers back to normal in a few months.
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- last seen: 2026-05-19T01:45:01.086888+00:00