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Bookmark or Share- An economist explains what COVID-19 has done to the economyNariman Behravesh: It has certainly plunged the world economy into a very deep but mercifully a short recession. Everybody's been hurt. Everybody's been hurt. I don't think anybody's really been spared by this – it’s a combination of fear, uncertainty and the reaction to the lockdowns.
- 1. Banking crisis sparks recession fears - The World Economic ForumThis weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: Banking crisis sparks recession fears; World Bank warns of 'lost decade' of global growth; Generative AI could create productivity boom and lift global GDP by 7%, says Goldman Sachs.
- Chief economists on what lies ahead for the world in 2023 | World ...The World Economic Forum’s latest Chief Economists Outlook finds that economists are divided on the chances of a global recession in 2023. During the Forum's Growth Summit, which took place on 2-3 May 2023, leading economists explored the state of the global economy.
- What is a recession and how to tell if one is happeningDuring the Great Recession of 2008, for example, governments introduced a number of quantitative easing measures, pumping trillions into the global economy in an attempt to resuscitate it. Following this unprecedented level of stimulus, markets began to recover, although lingering scars like higher unemployment and lower average income levels ...
- What will happen to the global economy in 2024? | World Economic ForumThe global economy is expected to remain uncertain throughout 2024. The World Economic Forum’s latest Chief Economists Outlook finds that just over half of chief economists anticipate the global economy to weaken this year.
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