Rosy Vaccine Outlook Brightens World Economic Forecast, But Recovery May Be Uneven
China is predicted to account for more than a third of global economic growth next year, while the U.S. and European countries will lag behind, according to the OECD.
by Bill Chappell
Dec 01, 2020
2 minutes
New coronavirus vaccines will help the world's economy bounce back in 2021, but the gains will depend on how the vaccines are distributed, among other factors, the Organisation for Economic Co-operation and Development says.
In its new projection, the group says global GDP should rise by 4.2% next year, after falling 4.2% in 2020.
"The recovery would be stronger if.
You’re reading a preview, subscribe to read more.
Start your free 30 days