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Showing posts with label global economic situation. Show all posts
Showing posts with label global economic situation. Show all posts

Wednesday, May 26, 2021

World Economic Situation and Prospects as of mid-2021 [United Nations, 11 May 2021 - Press Release: العربية, English, Français, русский] - COVID-19 pandemic pushed estimated 114.4 million people into extreme poverty

Title:
World Economic Situation and Prospects as of mid-2021 
 
Published:
United Nations (Press Release), 11 May 2021    
 
This press release is also available in PDF format: العربية, English, Français, русский
 
From the press release:
Economic recovery under threat amid surging COVID cases and lagging vaccination in poorer countries Widening inequality casts a shadow over projected 5.4% global growth in 2021.
 
The full report:
 
From the full report's Summary:
"Robust growth in the United States and China has improved prospects for a global recovery, but this will unlikely be sufficient to lift the rest of the world's economies. The economic outlook for the countries in South Asia, Sub-Saharan Africa and the Caribbean remains fragile and uncertain."