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Cocktail of crises to scar the global economic outlook

Location:

INTERNATIONAL

A global recession now looks as likely as not after the IMF warned that the “worst is yet to come” for the world economy

Weak long-run growth raises risks to the world economy

Location:

INTERNATIONAL

Global GDP will grow by less this decade than the past unless there is a surprise uptick in productivity

US, China on changed GDP growth trajectories

Location:

INT

US GDP has outperformed pre-pandemic expectations, while China and other Asian giants have fallen short

Caribbean countries face looming challenges

Location:

CARIBBEAN

After strong post-pandemic recovery in many countries, growth will slow this year and next

The job dislocation of COVID-19 will reduce global GDP

Location:

INTERNATIONAL

The more jobs that are lost worldwide this year, the more disjointed the economic recovery will initially be

OECD tax reforms will unevenly impact Europe

Location:

EUROPE

OECD corporate tax reforms will weaken the international attractiveness of low-tax countries in Europe

Green surge risks deepening Europe’s fault lines

Location:

EU

As climate change issues moves to the centre, affordability risks alienating the ‘left behinds’ of the past decades

Joblessness will rise as job-save policies are unwound

Location:

INT

Policies have reduced the damage COVID-19 has done to Western job markets but these temporary schemes have to be unwound

The looming pensions crisis requires policy attention

Location:

INT

Straining pension systems, 25% of people in high-income nations will be aged 65 or more by 2040, twice the share in 2000