Research: Global Economic Outlook 2021: Regional and Sectoral Disparities
Economics, Research, Trade
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The year 2020 has been dictated by the ever-growing spread of the pandemic. The exponential proliferation of Covid-19 has caused entire economies to cease operations as the number of cases and subsequent deaths keep rising. As policymakers weigh the health costs of the pandemic to its economic losses, and as they frantically try to decide the extent and intensity of lockdowns, the global economy has endured a devastating shock. With the frequent shutting down of businesses, education centers, and restrictions on travel, confidence levels have plummeted as consumption and investments …
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