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World Economic Situation and Prospects 2021

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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.

Details:

Agency/Department
UN/Department of Economic and Social Affairs
Print ISBN
9789211091823
PDF ISBN
9789210054980
EPUB ISBN
9789213584057
Print Publication Date
PDF Publication Date
Page Count
196
Print Sales Number
21.II.C.1
Series Title
World Economic Situation and Prospects (WESP)

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