The World Bank warns of the many risks weighing on poor and emerging countries, less well armed in the face of the pandemic.
The Covid pandemic and its economic impact will leave lasting scars in emerging and least developed countries on the planet. After a sharp restart in 2021 (+ 6.3%), growth will slow to 4.6% this year, according to World Bank forecasts, published on Tuesday. Its economists point to great uncertainty and many risks. “The global economy is simultaneously facing Covid-19, inflation and political uncertainty, with government spending and monetary policies in uncharted territory”, said David Malpass, the bank’s chairman. Also worried about growing inequalities and security risks, the American leader calls for a “International consultation” to reduce the debt burden and accelerate the green transition.
Read alsoCovid-19: Has France reacted better to the pandemic than Germany?
Some estimates are significantly lower compared to June, such as Thailand (3.9% instead of 5.1%) or Turkey (2% instead of 4.5%), linked to the spiral …
This article is for subscribers only. You have 68% left to discover.
To cultivate one’s freedom is to cultivate one’s curiosity.
Continue reading your article for € 1 the first month
Already subscribed? Log in