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IS THERE A LINK BETWEEN A BLACK SWAN AND GLOBAL ECONOMY? Marta Budrevich,

COVID-19Confirmed casesConfirmed deathsCountries, areas or territories with cases1,093,34958,6202093,300 McDonald’s restaurants in China have closedStarbucks has shut down more than half its 4,300 stores

Слайды и текст этой презентации

Слайд 1IS THERE A LINK BETWEEN A BLACK SWAN AND GLOBAL

ECONOMY?

Marta Budrevich, Polina Shinkevich

IS THERE A LINK BETWEEN A BLACK SWAN AND GLOBAL ECONOMY?Marta Budrevich, Polina Shinkevich

Слайд 2COVID-19
Confirmed cases
Confirmed deaths
Countries, areas or territories with cases
1,093,349
58,620
209
3,300 McDonald’s restaurants

in China have closed
Starbucks has shut down more than half its 4,300 stores

COVID-19Confirmed casesConfirmed deathsCountries, areas or territories with cases1,093,34958,6202093,300 McDonald’s restaurants in China have closedStarbucks has shut down more than half

Слайд 3Financial crises
Swedish banking crisis (1990s)
1994 economic crisis in Mexico
1997 Asian

financial crisis
1998 Russian financial crisis
Early 2000s recession
Crisis in Venezuela (2012-now)
Epidemics
Wars
Scientific discoveries
Terrorist

attacks
Financial crisesSwedish banking crisis (1990s)1994 economic crisis in Mexico1997 Asian financial crisis1998 Russian financial crisisEarly 2000s recessionCrisis

Слайд 4The Black Death
1347-1351
20 million people died
one-third of Europe’s population
slump

in trade
extreme inflation
increase of wages
improvement of standards of living
destruction

of established relations
The Black Death1347-135120 million people died one-third of Europe’s populationslump in trade extreme inflationincrease of wagesimprovement of

Слайд 59/11 terrorist attack
September, 2001
3000 victim fatalities
over 25,000 injuries
$10 billion in

infrastructure and property damage
Dow Index dropped almost 700 points
430,000 jobs

were lost

The GDP for New York City declined by $30.3 billion over the last three months of 2001 and all of 2002

9/11 terrorist attackSeptember, 20013000 victim fatalitiesover 25,000 injuries$10 billion in infrastructure and property damageDow Index dropped almost

Слайд 6Invention of the Internet
firms are more competitive
companies reduce

transaction costs
online training and educational programs
online payment services
increase in

wealth and sustainable economic growth

no geographical borders

possibilities for companies to display
their advertisements more effectively

more qualitative and faster
service for customers

solving the problem of personnel
shortage through using online platforms

Invention of the Internet firms are more competitive companies reduce transaction costsonline training and educational programsonline payment

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