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Significance
Europe and the United States may slip back into recession in the northern hemisphere winter. If vaccination succeeds, the advanced economies will recover robustly from mid-2021. Few emerging markets will be widely vaccinated by end-2021, restricting, if not negating, their recoveries.
Keywords:
International,
INT,
PROSPECTS 2021,
economy,
growth,
aid,
consumer,
employment,
fiscal,
foreign trade,
investment,
labour,
manufacturing,
monetary,
productivity,
services,
debt,
banking,
corporate,
energy,
finance,
foreign investment,
health,
infrastructure,
prices,
retail,
tourism,
welfare
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2020
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