Insight
Global economic outlook Q2 2020: Covid-19 recession
Report summary
Coronavirus is affecting all economies across the world. In the absence of a vaccine, the economy is the cure. The impact of locking down economies is immediate and severe. Wood Mackenzie is forecasting a 4% contraction in global GDP in 2020, the worst recession since the Great Depression. The outlook for recovery is highly uncertain and tied to assumptions on the lifting of lockdowns, as the pandemic is brought under control. Furthermore, the crisis is likely to have a lasting, ‘scarring’ impact on global economic output.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global bulk steel alloys short-term outlook April 2024
Wood Mackenzie's latest short-term view on chromium, manganese and silicon markets.
$5,000
Commodity Market Report
Global inflation outlook Q2 2024
Wood Mackenzie's proprietary inflation forecasts for selected countries.
$2,700
Asset Report
IPC France fields
International Petroleum Corp (IPC) is one of the leading upstream producers in France. Its operated portfolio consists of oil fields in ...
$3,100