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WBIL - A Race Between Vaccines And The Virus As Recoveries Diverge
WBI BullBear Quality 1000
In our latest World Economic Outlook forecast, we project global growth for 2021 at 5.5 percent, 0.3 percentage points higher than our October forecast, moderating to 4.2 percent in 2022.
With advanced economies generally expected to recover faster, progress made towards convergence over the last decade is at risk of reversing.
Close to 90 million individuals are expected to enter extreme poverty over 2020-21, reversing the trends of the past two decades.