World Economic Outlook, April 2021
Managing Divergent Recoveries
The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.
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Volume/Issue:
Volume 2019
Issue 001
Publication date: April 2019
ISBN: 9781484397480
$79.00
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Topics covered in this book
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Economics- Macroeconomics , International - Economics , tariffs , monopoly , market power , labor income , outlook , risks , growth , gdp , capital goods , investment , prices , corporate market power , macroeconomics , WEO , advanced economy , emerge market , develop economy , global growth
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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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