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World Economic Situation and Prospects 2021

  • Author: UN, DESA
  • Publication date: January 2021
  • Page count: 196
  • Language(s) in this book: English
  • Sales number: 21.II.C.1

Available Formats

ISBN: 9789211091823
ISBN: 9789210054980
EBOOKS Available everywhere eBooks are sold

About the product

This is the United Nations definitive report on the state of the world economy, providing global and regional economic outlook for 2021 and 2022. A once-in-a-century crisis—a Great Disruption unleashed by a viral pandemic—hit the world economy in 2020, reaching every corner of the world, infecting more than 90 million and killing close to two. Economic activities were paralyzed in both developed and developing economies. Trade and tourism halted while job and output losses exceeded levels seen in any previous crisis. Poverty increased sharply and inequality reached new highs. Stimulus packages were rolled out but responses, however, entailed difficult choices between saving lives and saving livelihoods.