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The coronavirus pandemic that broke out in Q1 2020 led to an unusual recession on a global scale. It was sudden and deep, and left a lasting mark on several sectors of the economy. According to the calculations of the World Bank, the global economy shrank by 4.3% last year. The scale of the recession was milder than it had been assumed at the beginning due to, among other things, the fact that developed countries dealt with the pandemic relatively well…

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