COVID-19 shut us down five years ago. Here's how its economic impact continues
COVID triggered record government debt, hit labor markets and shifted consumer behavior. Inequality has increased, while ...
Business Insider3y
If China's economy keeps stumbling, it won't just take down Beijing — the whole world will collapse with it
China's economy — the 2nd-largest in the world — is teetering on the brink of disaster. Since this spring, Beijing has canceled initial public offerings, fined tech companies billions for ...
webtv.un.org3y
UN warns global economic recovery is losing steam
After expanding by 5.5 per cent in 2021, the global output is projected to grow by only 4.0 per cent in 2022 and 3.5 per cent in 2023, according to the United Nations World Economic Situation and ...
World Bank9mon
ICP 2021: Size of economies
China’s GDP stood at $29 trillion in PPP terms in 2021, representing 18.9% of global GDP, while the United States’ GDP was $24 trillion, accounting for 15.5% of global GDP. India, at $11 trillion or 7 ...
Hosted on MSN1mon
World Bank says the global is economy is growing steadily, but not fast enough to help ease poverty
The bank expects the world economy to expand 2.7% in 2025 and again in 2026. It’s a remarkably consistent performance – matching 2023 and 2024 – but also a lackluster one. Growth is running ...
International Monetary Fund4y
DECOUPLING IN THE DIGITAL ERA
The IMF World Economic Outlook has shown that a small fraction of highly ... share best practices; and monitor risks (Medhora 2021). This could help protect financial stability from cyberattacks and ...
IMF sees virus causing global recession in 2020
The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global ...
International Monetary Fund4y
Let’s Build a Better Data Economy
But just as data have helped us monitor, adapt, and respond to COVID-19, the pandemic has brought into focus two fundamental problems with how it flows in the global economy (Carrière-Swallow and ...