The pandemic of sars coronavirus will cause a global economic contraction of 5.2% this year, said on Monday the world Bank, which underlines that this new projection is fragile and likely to be revised downward.
read also : How the ECB could solve the problem of low growth (and therefore our over-indebtedness)
In its previous forecast in April, the world Bank did not foresee a decline of 3.0% of the global economy by 2020. For the advanced economies, shows that the world Bank, the contraction will be 7.0% this year (-6,1% in the United States as in Japan, -9,1% in the euro area) before a recovery to 3.9% in 2021.
Increase of the extreme poverty
The global GDP of emerging economies is expected to decline him of 2.5%, its first contraction since the creation of this statistical series in 1960. China is expected to maintain 1.0% growth year-on-year, while the economies of india and brazil are expected to fall respectively by 3.2% and 8.0%.
The world Bank stresses that the contraction of the global GDP per capita will be on a scale not seen since 1945-46. It is “the deepest recession since the Second world War and the number of countries will be in recession this year in fact the worst crisis in the last 150 years, is the institution, according to which 70 to 100 million people could fall into extreme poverty.
The editorial team conseilleAttention, danger: the recession and deficits, the French are the worst of EuropeCoronavirus: up to $ 86 million additional children threatened by the pauvretéAucun commentaireSOCIETE NEXMOVEle 08/06/2020 19:52
What is predictable is that the tax havens will relax even more!!
paf 1the 08/06/2020 19:46
ca which concerns me is to see Malpass, a former “chief economist” of Bear Stearns,” which collapsed in 2008, well before Lehman Brothers, the head of the world bank and which has recently welcomed Carmen Reinhart identify as a “chief economist” of the world bank, the one with Kenneth Rogoff, published a paper, “economic” full of error methodological (Growth in a Time of Debt), leading to erroneous conclusions, this worries me for the poor countries who will need to undergo the yoke of these “pseudo-economists” but also for our poor democracies “liberal” who see the incompetent are promoted to more senior positions in business
adeline 1the 08/06/2020 18:42
A simple little beast that has existed for Billions of years on this Planet has put a dent in this world –
you learn what will occur in the Time –
he said, “Observe , Hear , I you is teach you what you need to know” –
we are doing what he has advised us –
he said, ” because of the elected-I’d stop , because otherwise nothing will remain ” –
what does he mean “” because “” that is the Cause , then “” the women “” who are they and what is the event which would endanger the which does not “” Exists “”
–
and why would he want to stop –
man is a being of pride, he believes that he can all allow , but a small beast, which for Billions of years is
can remove this species from the whole of this Planet,
is this that he speaks not this is not this we know what it is –
I would stop the Thing, because nothing would remain –
I write a comment
