World Economy To Trail Pre-Pandemic Trajectory For Years
from Statista.com
– this post authored by Felix Richter
The World Bank released its latest Global Economic Prospects report this week, providing us with an updated look at the coronavirus pandemic’s effect on the world economy. Striking a cautious tone, the report finds that global economic output will likely remain below its pre-pandemic trend for a protracted period, warning that the pandemic “has exacerbated the risks associated with a decade-long wave of global debt accumulation.”
Source: http://econintersect.com/pages/contributors/contributor.php?post=202101090309
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