Sona Muzikarova

Sona Muzikarova is a chief economist at GLOBSEC. Now based in Bratislava, the Slovak Republic, she has previously cooperated with international organizations such as the European Central Bank and the Organization for Economic Co-operation and Development (OECD). Recently, in 2019, she also advised on the Slovak chairmanship at the OECD. Her articles have focused on select themes in macroeconomics, including analysis of the business cycle and real convergence in the euro area. Her work has appeared in institutional and international peer-reviewed journals.

Central Europe Tiptoes Into the New World After Coronavirus

May 21, 2020

Classic textbooks teach us that economic shocks typically hit either the demand or the supply sides of the economy. They usually stem from domestic developments, but sometimes they emerge from abroad. COVID-19, the disease caused by the novel coronavirus, has defied this logic and has done so in new ways. For example, one of its distinctive features — one that has been particularly excruciating...

Looking for a New Chapter in Central Eastern Europe

April 02, 2020

Central Eastern Europe (CEE) has been hit by the novel coronavirus — which causes a disease called COVID-19 — at a time when upgrades to its industry are overdue, the cost of labor has gone up, the tailwinds from EU funding are about to wane, and the region is in desperate need for a...

The COVID-19 Crisis Will Change Policymaking and Business

March 23, 2020

Last week, I looked at some real economy and financial channels that the coronavirus pandemic has disrupted across the world. A global recession is now a foregone conclusion, and it will have emanated from the harsh impact on the economy. On the one hand is the supply side, with production...

COVID-19 Outbreak Takes the Recession Debate to Brand New Territory

March 19, 2020

*Author’s note: This article was written on March 13, 2020. Some issues and data may have changed since then. I am writing this column in a state of a latent denial. Having worked from home for much of the past week, I’ve been trying to juggle work duties with kid’s...