კონფერენცია

∘ Yevhenii Redziuk ∘
FEATURES AND CONSEQUENCES OF THE CRISIS OF THE COVID-19 PANDEMIC ON GLOBAL ECONOMIC ACTIVITY

Summary

The article considers the impact of the COVID-19 pandemic on world economic processes, international business activity, and the adaptability of the state apparatus to anti-crisis actions. The author presents modern statistics and approaches to counteract the spread of crisis phenomena in the global economy. The possibilities and potential for the quick recovery of the world economy based on new rules that take into account current trends are identified. Based on a comprehensive analysis, it is proposed to prepare for various scenarios for quitting quarantine and to be ready for the formation of economic self-sufficiency within the country.

Keywords: world economy, crisis and global economic activity, COVID-19 and economic recovery

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Yevhenii Redziuk ∘ FEATURES AND CONSEQUENCES OF THE CRISIS OF THE COVID-19 PANDEMIC ON GLOBAL ECONOMIC ACTIVITY Summary The article considers the impact of the COVID-19 pandemic on world economic processes, international business activity, and the adaptability of the state apparatus to anti-crisis actions. The author presents modern statistics and approaches to counteract the spread of crisis phenomena in the global economy. The possibilities and potential for the quick recovery of the world economy based on new rules that take into account current trends are identified. Based on a comprehensive analysis, it is proposed to prepare for various scenarios for quitting quarantine and to be ready for the formation of economic self-sufficiency within the country. *Keywords:* world economy, crisis and global economic activity, COVID-19 and economic recovery