InterRegional for Strategic Analysis

In addition to the Russia-Ukraine war and the global economic crisis, COVID-19 is now back in the news and on the European policy agenda. This is due to the rising number of COVID-19 cases in Europe, despite the hot weather. The rising number of cases has spawned fears that the pandemic could exacerbate the economic recession through halting commercial activities. It could also increase pressure on health organizations in various European countries and force governments to make emergency policy decisions that could be at odds with their ongoing efforts to mitigate the fallout of the Russia-Ukraine crisis.

Why is COVID-19 on the rise again in Europe?

A New Wave:

At a time when most countries are opening their borders and loosening COVID-19 restrictions, China is battling its worse wave since the virus first appeared two years ago in Wuhan and has imposed various lockdown measures in Shanghai and other Chinese cities. China has adopted stringent pandemic measures including its "zero COVID" policy, which involves isolating those infected with the virus and shutting down cities where COVID-19 is spreading. It seems unlikely that China will give up this approach, no matter how economically costly it might become.

What Does Shanghai’s Lockdown Mean for the Chinese and Global Economy?

The Next Variant:

The COVID-19 pandemic and accompanying waves of lockdowns have had many negative repercussions for the global economy, especially with regard to the decline in growth rates, rising levels of inflation, and unprecedented levels of global debt. The most important projected trends for the global economy in the second quarter of 2021 are as follows:

Covid-19

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