DECRYPTION – The new pandemic wave this year once again makes economic forecasts fraught with uncertainty. The slowdown could be more marked than expected.
Once again, economists must scrutinize the evolution of a microscopic virus in an attempt to predict major trends in global activity. As the pandemic enters its third year and a fifth wave rolls in, will Omicron’s risk to business diminish quickly? Will new variants come in the coming months to further disrupt the economy? No one knows, but the arrival in force of the last variant calls into question, among some economic analysts, the prospects for 2022. If Omicron seems to cause fewer serious forms of the disease than its predecessors, according to the Covid-19 Scientific Council, it is more contagious and risks, once again, disrupting economies.
Result, after a plunge of 3.1% of global GDP in 2020, and a rebound estimated at 5.9% in 2021 by the International Monetary Fund (IMF), the slowdown or soft landing expected in 2022 will be more pronounced. provided that. The growth of …
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