There is opportunity in adversity in every business. It may seem callous to stress opportunity in the midst of a humanitarian crisis, but leaders have an obligation to look ahead, to anticipate and meet new customer needs, to evolve their strategies and organizations, and in so doing sustain the prosperity of their enterprises.
The study of the Expert RA rating agency notes the positive effect of the anti-crisis measures introduced by the federal government, and also estimates the total regional budget deficit for the current year.
Global human development, which can be measured as a combination of the world’s education, health and living standards, could decline this year for the first time since the concept was introduced in 1990, the United Nations Development Programme (UNDP) warned today. UNDP experts have prepared a document on the current impact of COVID-19 on human development and proposed a Framework for the immediate socioeconomic response.
The World Bank has published detailed information on how Russia is addressing the coronavirus challenges, what more could be done, and how other countries are dealing with the pandemic.
In this publication, the Institute of Natural Monopolies Research (IPEM) summarizes the performance of Russia’s manufacturing industries in March 2020. Against a backdrop of unfavorable global economic environment coupled with measures against the COVID-19 pandemic, demand growth was registered in low-tech industries only. In extractive industries, the drop in demand is the sharpest on record since 2009.
