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Recovery Under Way, but Risks Remain High: World Outlook Economic Forecast The Conference Board of Canada, 24 pages, August 18, 2020 Impact Paper by Kip Beckman

Recovery Under Way, but Risks Remain High: World Outlook Economic Forecast

The Conference Board of Canada, 24 pages, August 18, 2020
Impact Paper by Kip Beckman

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This quarterly examination of the short-term economic outlook for the world's major economies also contains an in-depth analysis of a number of issues that are relevant for understanding world economic trends and developments. Document Highlights The world economy will decline by around 5.0 per cent this year, with the bulk of this drop taking place in the second quarter. COVID-19 is causing huge downside risks to the outlook. One of the biggest concerns is a huge rebound in cases in the Southern part of the United States. X

This quarterly examination of the short-term economic outlook for the world's major economies also contains an in-depth analysis of a number of issues that are relevant for understanding world economic trends and developments.

Document Highlights

The world economy will decline by around 5.0 per cent this year, with the bulk of this drop taking place in the second quarter.
COVID-19 is causing huge downside risks to the outlook. One of the biggest concerns is a huge rebound in cases in the Southern part of the United States.
X

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