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Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook. Amid exceptional uncertainty, the global economy is projected to grow 5.5% in 2021 and 4.2% in 2022
Persistent link: https://www.econbiz.de/10015059864
The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. As a result of the pandemic, the global economy is projected to contract sharply by -3 percent in 2020, much worse than during the 2008-09...
Persistent link: https://www.econbiz.de/10014408771
to 3.5 percent of world GDP, and are expected to widen again this year. The IMF's multilateral approach suggests that … global excess balances narrowed to 0.9 percent of world GDP in 2021 compared with 1.2 percent of world GDP in 2020. The …
Persistent link: https://www.econbiz.de/10015060284
The global recovery continues but the momentum has weakened, hobbled by the pandemic. Fueled by the highly transmissible Delta variant, the recorded global COVID-19 death toll has risen close to 5 million and health risks abound, holding back a full return to normalcy. Pandemic outbreaks in...
Persistent link: https://www.econbiz.de/10015057898
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The IMF's World Economic Outlook is packed with country specific facts, figures, and worldwide projections that present … staff. An annual subscription to the World Economic Outlook, published at least twice a year in English, French, Spanish …. With its analyses backed by the expertise and unparalleled resources of the IMF, the World Economic Outlook is the …
Persistent link: https://www.econbiz.de/10014400259
The World Economic Outlook is the product of a unique international exercise in information gathering and analysis …, French, Spanish, and Arabic, the World Economic Outlook offers a comprehensive picture of the international economic …, the World Economic Outlook is the authoritative reference in its field. Today, even small economic fluctuations can …
Persistent link: https://www.econbiz.de/10014400260
almost 1⁄2 percentage point relative to the July 2007 World Economic Outlook Update. This would still leave global growth at …
Persistent link: https://www.econbiz.de/10014400480
This paper focuses on expectations for the American economy focused on the likelihood of secular stagnation, which continued to be debated throughout the post-war period. Concerns rose during the late 1960s and early 1970s about rapid population growth smothering the potential for economic...
Persistent link: https://www.econbiz.de/10014400481