Global Economic Prospects, June 2020.

The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pan...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : World Bank Publications, 2020.
Colección:Global Economic Prospects.
Temas:
Economic forecasting.
Economic indicators.
COVID-19 (Disease) > Economic aspects.
Petroleum industry and trade > Economic aspects.
Prévision économique.
Indicateurs économiques.
COVID-19 > Aspect économique.
Pétrole > Industrie et commerce > Aspect économique.
COVID-19 (Disease) > Economic aspects
Economic forecasting
Economic indicators
Petroleum industry and trade > Economic aspects
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover
  • Title
  • Copyright
  • Table of Contents
  • Acknowledgments
  • Foreword
  • Executive Summary
  • Abbreviations
  • Chapter 1 Pandemic, Recession: The Global Economy in Crisis
  • Summary
  • Major economies: Recent developments and outlook
  • United States
  • Euro Area
  • Japan
  • China
  • Global trends
  • Global trade
  • Financial markets
  • Commodity markets
  • Emerging market and developing economies
  • Recent developments
  • Outlook
  • Global outlook and risks
  • Global outlook
  • Risks to the outlook
  • Policy challenges
  • Challenges in advanced economies
  • Challenges in emerging market and developing economies
  • Global coordination and cooperation
  • Box 1.1 How deep will the COVID-19 recession be?
  • Box 1.2 Recent developments and outlook for low-income countries (LICs)
  • Box 1.3 Scenarios of possible global growth outcomes
  • Box 1.4 How does informality aggravate the impact of COVID-19?
  • References
  • Chapter 2 Regional Outlooks
  • East Asia and Pacific
  • Recent developments
  • Outlook
  • Risks
  • Europe and Central Asia
  • Recent developments
  • Outlook
  • Risks
  • Latin America and the Caribbean
  • Recent developments
  • Outlook
  • Risks
  • Middle East and North Africa
  • Recent developments
  • Outlook
  • Risks
  • South Asia
  • Recent developments
  • Outlook
  • Risks
  • Sub-Saharan Africa
  • Recent developments
  • Outlook
  • Risks
  • References
  • Special Focus
  • Regional Macroeconomic Implications of COVID-19
  • Introduction
  • The pandemic and health policy responses
  • Regional vulnerabilities to health and economic stress
  • Macroeconomic policy responses
  • Prospects for per capita growth and poverty
  • Risks
  • Box SF. 1 The impact of COVID-19 on global value chains
  • References
  • Chapter 3 Lasting Scars of the COVID-19 Pandemic
  • Introduction
  • Spread of the pandemic
  • The economics of the pandemic: Shocks and spillovers
  • Initial impact: Economic activity, financial and commodity markets
  • Global activity and trade
  • Global financial conditions
  • Commodity markets
  • Short-term growth impact
  • Spillovers
  • Vulnerabilities: Magnifying the short-term impact
  • Long-term growth effects
  • Implications for potential output
  • Implications for productivity
  • Unique nature of the pandemic: Magnifying the long-term impact
  • Conclusion
  • Box 3.1 How do deep recessions affect potential output in EMDEs?
  • Box 3.2 How do disasters affect productivity?
  • Annex 3.1 The macroeconomic effects of pandemics and epidemics: A literature review
  • Annex 3.2 Bayesian vector autoregression model
  • Annex 3.3 EMDE vulnerability index
  • Annex 3.4 Long-term implications of recessions: Data and methodology
  • References
  • Chapter 4 Adding Fuel to the Fire: Cheap Oil during the Pandemic
  • Introduction
  • Drivers of the oil price plunge
  • Comparison with previous periods of disruptions

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