Global Economic Prospects: A Subdued Recovery

Although global economic output is recovering from the collapse triggered by COVID-19, it will remain below pre-pandemic trends for a prolonged period. Until the pandemic is brought under control around the world, the recovery will be subdued and may get derailed by several risks. In particular, the pandemic has exacerbated the risks associated with a decade-long wave of global debt accumulation. It is also likely to steepen the long-expected slowdown in potential growth over the next decade unless a major policy push for growth is made in many countries.

Join Ayhan Kose, Franziska Ohnsorge, Jeremy Lawson, Nathan Sussman and Ugo Panizza in this upcoming discussion on the World Bank's latest GEP report.