2020 was deeply marked by a pandemic that originated a sudden shock with pervasive effects in the world economy. Nevertheless, the scientific advances and the consequent vaccination campaigns already started renewed hope to overtake this unprecedented crisis.
Thus, 2021 is expected to be a year of recovery, in which uncertainty will play a vital role in what growth prospects are concerned.
According to OECD (2020), the wide distribution of an effective vaccine is the basis for the most optimistic outlook, allowing to enhance confidence and reduce uncertainty. In such scenario, the investment stimulus, accompanied by a decrease for precautionary savings, redirected to boost spending, would lead the way towards a faster recovery, being however, unable to take world GDP back to pre-Covid levels during the current year.
The worst scenario is expected to materialize in the case renewed virus outbreaks intensify, thus implying new measures to contain its spread. Investment and consumption levels would be weakened while financial markets would display greater risk aversion, inducing a decline in global growth prospects in the near-term.
After a decline of the world economy (-4.2%) in 2020, OECD estimates a recovery of global output by 4.2% in 2021, followed by 3.7% in 2022.
Concerning to the main economies, China is projected to present a solid recovery after being the only world economy with growth in 2020. The United States are expected to evidence a similar evolution of its output comparing to the Euro Area, while Japan is expected to maintain lower output growth rates. Therefore, projections reveal a gradual although uneven economic recovery across countries.
Sources:
- https://www.visualcapitalist.com/global-recession-2020-recovery/
- OECD (2020), OECD Economic Outlook, Volume 2020 Issue 2
NEC Member
Student of the Master’s Degree in Economics
Nova School of Business and Economics
[url=https://augmentin.golf/]augmentin 125 mg price[/url]
[url=https://gabapentin365.com/]medicine gabapentin 100mg[/url] [url=https://trental.shop/]trental 100 mg[/url] [url=https://lipitor.store/]lipitor 80[/url] [url=https://baclofen.store/]buy lioresal online[/url] [url=https://buypillsonline.shop/]minocycline for rosacea[/url] [url=https://toradol.cfd/]toradol 30[/url] [url=https://cipro.agency/]ciprofloxacin 50 mg[/url]
[url=http://zoloft.best/]zoloft prices australia[/url]
[url=https://valtrex.golf/]valtrex over counter[/url]
[url=http://valtrex.agency/]medicine valtrex[/url]
[url=https://cialiswtabs.quest/]tadalafil from canada[/url] [url=https://ivermectinuw.monster/]ivermectin buy[/url] [url=https://buyaugmentin.monster/]where to buy amoxicillin online uk[/url] [url=https://tamoxifen.cfd/]tamoxifen 10[/url] [url=https://metformin.directory/]metformin hcl 500[/url] [url=https://ivermectinsv.monster/]ivermectin medicine[/url] [url=https://sildenafil2022.online/]viagra pills online for sale[/url] [url=https://albuterol.digital/]how to get albuterol prescription[/url]
[url=http://ivermectinuw.monster/]ivermectin 2[/url]
[url=http://vardenafil.boutique/]cheap vardenafil 20mg[/url]
[url=http://trazodone.solutions/]trazodone uk[/url]
[url=https://metformin.solutions/]metformin 40 mg[/url]
[url=https://metformin.boutique/]metformin 100 mg tablets[/url]
[url=http://glucophage.guru/]metformin without prescription online[/url]
[url=https://buyclonidine.shop/]clonidine 10mg[/url] [url=https://cleocin.shop/]clindamycin gel 1 mg[/url] [url=https://tadacip.agency/]tadacip 20 uk[/url] [url=https://disulfiram.shop/]disulfiram tablets 250 mg[/url] [url=https://buytoradol.shop/]toradol 15 mg tablet[/url] [url=https://diflucan.agency/]diflucan 150 mg price[/url]
[url=http://celexa.store/]15 mg citalopram[/url]
[url=https://trazodone.solutions/]purchase trazodone[/url] [url=https://albuterol.company/]ventolin tabs[/url] [url=https://glucophage.guru/]price of metformin[/url] [url=https://dipyridamole.shop/]dipyridamole buy online[/url]
[url=https://clomid.boutique/]clomid without prescription online[/url]
[url=http://valtrex.golf/]valtrex 500mg price in india[/url]
[url=https://retina.golf/]tretinoin cream medication[/url]
[url=https://ivermectinue.monster/]ivermectin lice[/url]
[url=https://buyaugmentin.monster/]amoxicillin 500mg online[/url]
[url=http://acyclovir.solutions/]buy acyclovir tablets no prescription[/url] [url=http://albuterol.digital/]albuterol 90 mcg cost[/url] [url=http://valtrex.golf/]price of valtrex[/url]
[url=http://cleocin.shop/]clindamycin cheap[/url]
[url=https://albuterol.digital/]generic for combivent[/url]
[url=http://sumycin.shop/]sumycin over the counter[/url]
[url=https://suhagra.best/]suhagra 100mg cheap[/url] [url=https://piroxicam.store/]piroxicam online[/url]
[url=https://cipro.email/]ciprofloxacin generic brand[/url] [url=https://strattera.shop/]order strattera[/url] [url=https://modafinil2022.com/]how to get modafinil uk[/url] [url=https://valtrex.agency/]how much is valtrex cost[/url] [url=https://buyzoloft.store/]buy zoloft usa[/url]
[url=http://lopressor.store/]lopressor 75 mg[/url]
[url=https://valtrex.golf/]valtrex 1000 mg tablet[/url] [url=https://ivermectinsv.monster/]stromectol prices[/url]
[url=http://propecia.sale/]how much is propecia in singapore[/url]
[url=https://orlistat.store/]xenical price in australia[/url]
[url=https://lopressor.store/]lopressor pill[/url]
[url=http://strattera.shop/]strattera 25 mg coupon[/url]
[url=https://cephalexinmed.com/]cephalexin 250mg capsules[/url] [url=https://onlinepharmacy.agency/]gold pharmacy online[/url]
[url=https://zoloft.best/]zoloft 25 mg pill[/url] [url=https://sildenafil2022.online/]how to buy viagra online uk[/url] [url=https://dutasteride.shop/]avodart for sale canada[/url]
[url=http://antabuse.directory/]medication disulfiram[/url]
[url=https://amoxicillinpill.com/]augmentin pill[/url]
[url=https://buyamoxicillin.store/]augmentin drug[/url] [url=https://albendazole.shop/]albenza 200 cost[/url]
[url=https://dipyridamole.shop/]dipyridamole drug[/url]
[url=http://suhagra.agency/]suhagra[/url] [url=http://cialiswtabs.quest/]best price tadalafil online[/url] [url=http://albuterol.best/]ventolin cost canada[/url] [url=http://celexa.store/]citalopram capsules[/url]
[url=https://piroxicam.store/]piroxicam 20[/url]
[url=https://xenical.guru/]orlistat in india price[/url]
[url=https://clomid.boutique/]clomid 50mg online[/url]
[url=https://buystrattera.shop/]strattera 60 mg price[/url]
[url=https://buyamoxil.shop/]amoxicillin pills[/url]
[url=http://retina.golf/]retin a in mexico cost[/url]
[url=http://ivermectinuw.monster/]stromectol south africa[/url] [url=http://tamoxifen.cfd/]nolvadex price online[/url] [url=http://orlistat.guru/]cheap xenical for sale[/url] [url=http://piroxicam.store/]piroxicam buy online[/url] [url=http://hydroxychloroquine.boutique/]hydroxychloroquine tablets[/url]
[url=http://hydroxychloroquine.boutique/]plaquenil eye damage[/url]
[url=http://vardenafiltabs.online/]generic levitra no prescription[/url]
[url=https://buyalbuterol.quest/]buy albuterol tablets online[/url]
[url=https://propecia.sale/]propecia tablets cheap[/url]
[url=https://vermox.best/]vermox price nz[/url]
[url=http://sildenafil2022.online/]order sildenafil no prescription[/url]
[url=http://amoxicillin.company/]generic amoxil[/url] [url=http://propecia.boutique/]proscar finasteride[/url] [url=http://zoloft.sale/]25g zoloft[/url] [url=http://flagyl.shop/]flagyl order online[/url] [url=http://viagraqtabs.quest/]where to buy real viagra online[/url] [url=http://hydroxychloroquine2022.online/]quineprox 750mg[/url] [url=http://gabapentin.works/]gabapentin 400 mg cost[/url] [url=http://atomoxetine.cfd/]strattera 25 mg capsule[/url]
[url=https://flagyl.shop/]flagyl 500mg[/url] [url=https://acyclovir.digital/]zovirax tablets[/url] [url=https://ivermectinmj.monster/]stromectol ivermectin buy[/url] [url=https://cialisptab.monster/]tadalafil 100mg best price[/url] [url=https://vermox.digital/]vermox 100mg price[/url] [url=https://fluconazole.cfd/]diflucan rx online[/url]
[url=http://orlistat.shop/]xenical singapore[/url]
[url=https://trazodone.digital/]rx trazodone[/url]
[url=https://allopurinol.best/]allopurinol tablets[/url]
[url=https://buyavodart.monster/]drug avodart[/url]
[url=https://acyclovir.digital/]buy herpes medication without a prescription[/url]
[url=https://retina.sale/]buy tretinoin cream online india[/url]
[url=http://ivermectinbq.quest/]buy stromectol online uk[/url]
[url=https://propecia.boutique/]lowest price propecia uk[/url] [url=https://vermox.digital/]vermox tablets price[/url] [url=https://amoxicillin.works/]augmentin 500 125 mg price[/url]
[url=http://propranolol.agency/]propranol online[/url]
[url=http://diclofenac.guru/]diclofenac gel 25 mg[/url]
[url=https://viagraztabs.monster/]viagra for women over the counter[/url]
[url=http://robaxin.digital/]robaxin/methocarbamol 500mg[/url]
[url=https://acyclovir.works/]can you buy acyclovir over the counter in usa[/url]
[url=http://tizanidine.cfd/]zanaflex for back pain[/url]
[url=http://modafinil.digital/]modafinil fast shipping[/url]
[url=https://modafinil.digital/]modafinil 150 mg[/url]
[url=http://benicar.digital/]benicar 2019[/url] [url=http://ivermectinxz.monster/]ivermectin cream uk[/url] [url=http://ivermectindq.quest/]ivermectin 400 mg[/url] [url=http://triamterene.store/]triamterene hctz 75 50 mg[/url] [url=http://seroquel.digital/]seroquel xr for sleep[/url]
[url=http://proscar.shop/]finasteride discount coupon[/url]
[url=http://buyflomax.shop/]otc flomax[/url]
[url=http://diclofenac.cfd/]order voltaren gel online[/url]
[url=http://cialisdtabs.monster/]cheap cialis 100mg[/url] [url=http://trazodone.digital/]trazodone online no prescription[/url] [url=http://tadacip.email/]where to buy tadacip[/url] [url=http://benicar.digital/]benicar 5 mg coupon[/url] [url=http://triamterene.store/]triamterene/hctz 37.5[/url] [url=http://vardenafil.solutions/]levitra tabs[/url]
[url=http://synthroid.digital/]buy synthroid over the counter[/url]
[url=https://zoloft.digital/]buy sertraline online[/url] [url=https://viagrahtab.quest/]lowest price sildenafil[/url] [url=https://escitalopram.store/]lexapro online usa[/url] [url=https://propranolol.best/]inderal la 60mg[/url] [url=https://erythromycin.shop/]buy erythromycin tablets online uk[/url] [url=https://buyalbuterol.shop/]albuterol over the counter uk[/url] [url=https://buyclonidine.monster/]clonidine topical gel[/url]
[url=http://seroquel.digital/]buy seroquel without prescription[/url] [url=http://dapoxetine.guru/]best price for extra super avana on the internet[/url] [url=http://viagraztabs.monster/]buy viagra montreal[/url]
[url=http://hydroxyzine.store/]atarax best price[/url]
canadian drugs online https://medrxfast.com/# tadalafil without a doctor’s prescription
wellbutrin 100mg tablets cost buy wellbutrin online
https://diflucan.life/# where to buy diflucan 1
buy propecia no prescription where to buy finasteride
https://finasteride.top/# propecia 5 mg
https://deltasone.icu/# prednisone 50 mg buy
https://glucophage.top/# metformin no prescription
metformin 500mg tablets metformin 500 mg price australia
meropenem antibiotic antibiotic side effects
buy online orlistat best price without prescription buy generic orlistat online without prescription https://orlistatmyrx.site
slonopitek.weebly.com
plinkust.blogspot.com
https://tadalafil.pro/# tadalafil
https://amoxicillin.pro/# how much is amoxicillin prescription
cheap orlistat supreme suppliers no prescription where to buy orlistat online pharmacy https://orlimystat.buzz
orlistat south africa where to buy cheap orlistat au no prescription https://2megashop.buzz/
https://antibiotic.icu/# bactrim and sepra without a presription
plaquenil 200 mg oral tablet canadian pharmacy plaquenil
https://sildenafil.pro/# 200mg sildenafil paypal
orlistat price uk
https://ciprofloxacin.icu/# cipro
lipitor rx cost price canada lipitor 20mg
web md flagyl keflex
https://pharmacy.ink/# canadian pharmacy mall
buy stromectol 3mg online
stromectol for sale
Stanozolol buy in UK legally
[url=http://mr-olympia.net/]how long do anabolic steroids stay in your system
[/url]
Click HERE To Get The Best Legal Steroids For Lowest Price Today – http://traducciones-europa.com/forum/
[url=https://sites.google.com/view/buy-steroids-usa-online/]buy anabolic steroids online usa
[/url]
stromectol
stromectol medicine
https://stromectol.pro/# stromectol dosage for humans
buy ivermectin 6mg online
buy stromectol 12mg online
https://tamoxifen.best/# nolvadex only pct
new covid pill molnupiravir for sale online
https://paxlovid.best/# paxlovid dosage
tamoxifen hormone therapy tamoxifen citrate
https://paxlovid.best/# pavlovic
xenical forum philippines
https://withoutdoctorprescription.xyz/# best canadian online pharmacy
buy stromectol 6mg otc
stromectol 12mg otc
https://stromectol1st.com/# buy stromectol online
stromectol walmart stromectol 3 mg dosage
https://ed-pills.xyz/# ed medications online
[url=https://clomid.pro/#]buy clomid[/url] buy clomid for men
Boldenone half life
[url=http://24roids.biz/]steroids usa
[/url]
approximately 10 — 12 weeks. Because of the longer period of time required for optimal peak, stable blood plasma levels to be achieved. This cycle is considered by many as the most
https://ed-pills.xyz/# ed pills gnc
[url=https://24hr-pharmacy.top/#]canadian pharmacies not requiring prescription[/url] buying from canadian online pharmacies
https://ed-pills.xyz/# best ed pill
[url=https://ed-pills.xyz/#]best ed pill[/url] ed treatment drugs
top erection pills best medication for ed
Thank you for content. Area rugs and online home decor store. Hello Administ . child porn 現場兒童色情片 活婴儿色情片 儿童色情 児童ポルノ 兒童色情 国产线播放免费人成视频播放 国产线播放免费人成视频播放
stromectol 3mg pills
buy stromectol 6 mg online
Cami Halısı Alırken Nelere Dikkat Edilmeli? ibadetlerin topluca yapıldığı camilerde, camii zeminin halı ile kaplı olması son derece önemlidir. Namaz ibadetinin yapıldığı için, cemaatin elleri, dizileri ve alınları sürekli olarak zemin ile temas halindedir. Ayrıca özellikle tarihi dokuya sahip camiler çok fazla ziyaretçi trafiğinin olduğu yerlerdir. Bu sebeple cami halısı zemini tamamen kaplayacak şekilde ve kaliteli iplik ve boyadan üretilmiş olmalıdır. Cami halısını alınacağı firma, güvenilir bir firma olmalıdır. Ayrıca kolay temizlenebilir ve antibakteriyel olması önemlidir. Desen ve renkleri ile cami içerisi ile uyum sağlanması önem arz eder.
https://clomid.pro/# medication without prescription clomid
[url=https://doxycycline.pro/#]cost doxycycline australia[/url] doxycycline 100mg tablet price
Thank you for great article. Hello Administ . child porn 現場兒童色情片 活婴儿色情片 儿童色情 児童ポルノ 兒童色情 国产线播放免费人成视频播放 国产线播放免费人成视频播放
https://teste1.rotasdabiodiversidade.com/en/social-responsability/
Thank you for great article. Hello Administ . child porn 現場兒童色情片 活婴儿色情片 儿童色情 児童ポルノ 兒童色情 国产线播放免费人成视频播放 国产线播放免费人成视频播放
Thank you for great information. Hello Administ . child porn 現場兒童色情片 活婴儿色情片 儿童色情 児童ポルノ 兒童色情 国产线播放免费人成视频播放 国产线播放免费人成视频播放
Thank you great posting about essential oil. Hello Administ . child porn 現場兒童色情片 活婴儿色情片 儿童色情 児童ポルノ 兒童色情 国产线播放免费人成视频播放 国产线播放免费人成视频播放
Cami Halısı Fiyatları
buy zithromax no prescription zithromax prescription in canada
canadian medications canadian online pharmacy viagra
https://pharmacywithoutprescription.best/# prescription free canadian pharmacy
medicine for impotence ed meds online
https://pharmacywithoutprescription.best/# no prescription needed canadian pharmacy
order amoxicillin no prescription buy generic zithromax no prescription
best medication for ed best non prescription ed pills
https://antibioticwithoutpresription.shop/# buy cheap generic zithromax
erection pills best erectile dysfunction pills
erectile dysfunction medications best erectile dysfunction pills
https://antibioticwithoutpresription.shop/# zithromax antibiotic without prescription
no prescription pharmacy paypal cheapest pharmacy to get prescriptions filled
international pharmacy no prescription canadian pharmacy without prescription
https://pharmacywithoutprescription.best/# pharmacy no prescription required