The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 …, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off by …

activity and policies and presents plausible scenarios for the global economy in 2022–24. We report three major findings. First … happened recently. Second, the global economy is in the midst of one of the most internationally synchronous episodes of …