5 things you should know about the state of the global economy IMF/Ernesto Benavides Goods are transported by hands in Lima, Peru. 10 May 2021 Economic Development Is this the year we overcome the global economic crisis caused by the pandemic? Are our jobs in danger? Who has lost the most in the crisis and what can be done to recover? As the UN Department of Social and Economic Affairs (DESA) prepares to launch the mid-year update of the 2021 World Economic Situation and Prospects (WESP) report, here are five things you need to know about the state of the global economy. Dock workers unload fresh fish from a boat in Casablanca, Morocco.IMF/ Jake Lyell Dock workers unload fresh fish from a boat in Casablanca, Morocco. 1) US and China bounce back, but a slow recovery for developing countries While economic output in the United States and China is expected to grow robustly and lift global growth, many developing economies are not expected to return to pre-pandemic output levels any
A social media blog for news and views