ECONOMY coronavirus
April 23, 2020 · 3 Mins Read
The International Monetary Fund (IMF) has warned that the global economy in 2020 will suffer its worst recession since the Great Depression because of the coronavirus pandemic. Income per capita is projected to shrink for over 170 countries.
The Speaker’s chart, drawn from the latest IMF study, shows that the cumulative loss to global GDP over 2020 and 2021 could be around $9 trillion, greater than the economies of Japan
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Access unique insights, attend exclusive events, expand your network, and invest wisely.
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Test one
SALON SERIES
While China weathered the Covid crisis better than anyone, the new year presents its own challenges. The way ahead will be more difficult, less predictable, and highly contingent on complex policy choices.
MACRO
The insight from financial history is that we’ve endured the “displacement” and are only now entering the “boom.” The “mania” phase lies well ahead.
