Global Economy to Expand by 4% in 2021; Vaccine Deployment and Investment Key to Sustaining the Recovery [The World Bank (Press Release: 2021/080/EFI), 5 January 2021]

Title:

Global Economy to Expand by 4% in 2021; Vaccine Deployment and Investment Key to Sustaining the Recovery

 

Published:

The World Bank (Press Release: 2021/080/EFI), 5 January 2021

https://www.worldbank.org/en/news/press-release/2021/01/05/global-economy-to-expand-by-4-percent-in-2021-vaccine-deployment-and-investment-key-to-sustaining-the-recovery

From the article:

The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however, will likely be subdued, unless policy makers move decisively to tame the pandemic and implement investment-enhancing reforms, the World Bank says in its January 2021 Global Economic Prospects.