World Economic Outlook, April 2021:Managing Divergent Recoveries
With a less-severe though still deep recession, the global economy faces a long ascent back to pre-pandemic levels of activity, remaining vulnerable to setback.
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Volume/Issue:
Volume 2021
Issue 001
Publication date: June 2021
ISBN: 9781513575025
$50.00
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Topics covered in this book
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Labor , Banks and Banking , Finance , Economics- Macroeconomics , International - Economics , productivity shock , headline inflation , retention policy , job retention , IMF staff calculation , reallocation policy , Emerging and frontier financial markets , COVID-19 , Unemployment , Labor markets , Economic recession , Global , Middle East and Central Asia , Caribbean , Sub-Saharan Africa , South America
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Summary
The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks.
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