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Tuesday 10 June 2025

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Will Armenia Withstand the Global Economic Turmoil?

April 6, 2020 22:19PM

Benyamin Poghosyan By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

The world economy has been in troubled waters since late 2018. The US – China trade war rattled the markets and triggered the significant changes in global supply chains. Many industrial giants were actively discussing the dislocation of production facilities from China to South East Asia nations such as Vietnam and Cambodia seeking to decrease the negative impact of the trade war.[…] However, the novel Coronavirus (COVID – 19) outbreak, which started in Chinese Wuhan city, has launched its seemingly unstoppable march around the globe since late January 2020. READ MORE

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