Impact of the coronavirus pandemic on the global economy

The COVID-19 outbreak has triggered a world economic disruption of significant magnitude with an escalating pace, resulting in steep recessions in many countries. The COVID-19 pandemic has caused an unprecedented global economic impact at an astonishing rate, leading to rapid economic downturns in many countries. Despite exceptional policy support, the baseline forecast envisages a 5.2 percent decline in global Gross[Read More...]
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