The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank's chief economist Carmen Reinhart said on Thursday.
The World Bank has cut its 2020 economic growth forecasts for Georgia, Armenia and Azerbaijan because of the coronavirus crisis but expects the three South Caucasus nations to recover next year.
There is a high risk the resurgence in coronavirus cases halts the global economic recovery by year-end, according to Reuters polls of around 500 economists, a majority of whom expected the rebound ...
Hong Kong isn't the only place suffering from government meddling. As a chapter of the report released early as a standalone publication ("U.S. Economic Freedom in a Trade War") makes clear, America's ...
The Group of 20 major economies should move quickly and decisively to reduce the debts of heavily indebted countries or risk a "lost decade" in terms of global development, World Bank chief economist ...
Chile's central bank on Wednesday softened its prediction for an economic contraction in 2020 due to the impact of the coronavirus on the world's top copper producer to between -4.5% and -5.5% from ...