World Economic Outlook, October 2020:A Long and Difficult Ascent

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 2020 Issue 002
Publication date: October 2020
ISBN: 9781513556055
$50.00
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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.