THE INFLUENCE OF THE COVID-19 OUTBREAK ON THE ECONOMY OF THE BALTIC STATES
THE INFLUENCE OF THE COVID-19 OUTBREAK ON THE ECONOMY OF THE BALTIC STATES

Summary/Abstract: The pandemic caused by the spread of Covid-19 has become the biggest challenge in the modern world not only for healthcare, but also for economic, political, social, cultural or other sectors. This paper examines the impact of the pandemic on the leading industries of the economies of the Baltic States. Also, the trend of changes in GDP and unemployment rates is analyzed and the circumstances leading to similar and different outcomes are identified. Based on the results of the research, conclusions and recommendations of practical importance have been developed.

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