Fri.Oct 30, 2020

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Legal Ramifications of Corona: A Lawyer’s Perspective

Small Business CEO

Last year, the global economic growth was roughly 3.0% and the global GDP was estimated at around $86.6 trillion, according to statistics published by Statista. At the moment, the global GDP growth is down to 2.4%. It can potentially go even further down before 2021. While this percentage may seem insignificant, it certainly isn’t. That’s because this less than-than-one percentage drop in global GDP amounts to $3.5 billion in lost economic output.

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