Despite many countries lifting strict social distancing measures during the second half of 2020, global economic activity remains significantly low. Even with a 3.5-7% growth rate, global output in 2021 is likely to remain 5.5% lower than pre-pandemic levels.
Our latest Global Economic Forecasts report focuses on the quarterly macro changes for 8 key markets, the economic impact of different COVID-19 scenarios and what they mean for the future of the global economy.
The article is property of Euromonitor International, a market research provider, and can be read in full here.