Market Research Report
COVID-19 The Road to Economic Recovery - Thematic Research
|Published by||GlobalData||Product code||965861|
|Published||Content info||88 Pages
Delivery time: 1-2 business days
|COVID-19 The Road to Economic Recovery - Thematic Research|
|Published: February 26, 2021||Content info: 88 Pages||
The COVID 19 Economic Recovery report is designed to provide clients with up-to-date insights on the performance of major economies. Central to the report is GlobalData's proprietary economic recovery scorecard, which ranks the top 35 countries' performance on the 10 most important economic indicators. The report also provides monthly updates on high frequency macroeconomic indicators such as GDP, inflation, business confidence, consumer confidence, industrial production, and equity markets. It also provides in-depth analysis of the economic performance of the world's largest economies. The report can be used as a strategic tool to understand market dynamics, business potential and direction of operations in the economy.
According to Johns Hopkins University data, by 23 February 2021, COVID-19 had infected more than 111 million people and claimed more than 2,300,000 lives. The pandemic forced governments to impose rigid lockdowns that essentially shut down the worldwide economy for many months. With the exception of India and China, all major economies are expected to shrink this year. Unemployment levels have increased at jaw-dropping rates.
The COVID-19 recession has not been caused by a demand shock, rather, it is a policy-driven supply shock designed to save people's lives. Consequently, the strategies-of governments and companies-that will be used in the economic recovery could be different from previous recessions.