Commentaries

Date: June 2020 By: United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP)

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Date: August 2020 By: World Trade Organization

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Date: June 2020 By: Mekong - China Strategic Studies Program (MCSS)

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The economic impact of COVID-19 is longer and more intense than thought, and we have again lowered our macro forecasts. We now see global GDP falling 2.4% this year, with the U.S. and eurozone contracting 5.2% and 7.3%, respectively. We expect global growth to rebound to 5.9% in 2021.

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