How different countries react to the crisis + comments from natives
Posted: Wed Dec 11, 2024 7:15 am
In this article, we decided to evaluate the digital market's reaction to the market crisis. We asked native editors how their work has changed and how they are solving the difficulties that have arisen. We hope that the review will help us better understand the situation and decide in which direction to develop our projects.
Over the past two years, the pandemic has made its own adjustments to international business. Just as the situation began to stabilize, a new crisis came into focus. Sanctions affected various industries, including those outside the Russian Federation.
In this article, we decided to evaluate the digital market's reaction iran phone number material to recent events. We asked native editors how their work has changed and how they are solving the difficulties that have arisen. We hope that the review will help us better understand the situation and decide in which direction to develop our projects.
Content
Crisis changes and forecasts
Statista assessed the long-term effect of sanctions on the GDP of different countries:
Russia: -9.7%;
Lithuania: -2.4%;
Latvia: -2%;
Estonia: -1.9%;
Czech Republic: -1.1%;
Poland: -0.7%;
Belgium: -0.5%;
Germany: -0.4%;
Italy: -0.3%;
Austria: -0.2%;
Spain: -0.2%;
France: -0.1%;
UK, US and China: less than -0.1%.
The crisis will have a much stronger impact on the economies of the Baltic States and Eastern Europe. In Western Europe and the United States, the situation is relatively stable.
Analysts predict a redistribution of cash flows, which could benefit some economies. For example, Turkey and Mexico. A wave of migration of highly qualified specialists is expected, including from the IT sector.
The energy and cybersecurity industries are expected to see a boost. Agriculture and food production may sag, and a decline in the tourism industry is also expected.
Due to the departure from the Russian market, companies will lose some of their profits, but this will have little impact on the global economy.
What will change in the digital sphere? Before the sanctions
Over the past two years, the pandemic has made its own adjustments to international business. Just as the situation began to stabilize, a new crisis came into focus. Sanctions affected various industries, including those outside the Russian Federation.
In this article, we decided to evaluate the digital market's reaction iran phone number material to recent events. We asked native editors how their work has changed and how they are solving the difficulties that have arisen. We hope that the review will help us better understand the situation and decide in which direction to develop our projects.
Content
Crisis changes and forecasts
Statista assessed the long-term effect of sanctions on the GDP of different countries:
Russia: -9.7%;
Lithuania: -2.4%;
Latvia: -2%;
Estonia: -1.9%;
Czech Republic: -1.1%;
Poland: -0.7%;
Belgium: -0.5%;
Germany: -0.4%;
Italy: -0.3%;
Austria: -0.2%;
Spain: -0.2%;
France: -0.1%;
UK, US and China: less than -0.1%.
The crisis will have a much stronger impact on the economies of the Baltic States and Eastern Europe. In Western Europe and the United States, the situation is relatively stable.
Analysts predict a redistribution of cash flows, which could benefit some economies. For example, Turkey and Mexico. A wave of migration of highly qualified specialists is expected, including from the IT sector.
The energy and cybersecurity industries are expected to see a boost. Agriculture and food production may sag, and a decline in the tourism industry is also expected.
Due to the departure from the Russian market, companies will lose some of their profits, but this will have little impact on the global economy.
What will change in the digital sphere? Before the sanctions