World Bank expects global economy to grow by 4 in 2021

摘要

The global economy is expected to grow 4 in 2021, provided the initial rollout of COVID-19 vaccines results in massive vaccination campaigns throughout the year. However, the recovery is likely to remain modest if policymakers do not take decisive action to stem the pandemic and implement pro-investment reforms, the World Bank said in its latest biannual edition of World Economic Outlook.