Insight
Global spread of Covid-19 derailing the world economy
Report summary
Strategies to contain the spread of coronavirus have a negative economic effect. Stock markets and commodity prices are reeling on concerns of a recession. We are preparing for weaker global GDP growth in 2020 than previously forecast. The question is, how bad could it get? Gauging the economic destruction is challenging given the highly uncertain and dynamic nature of the crisis. We assess the key factors that will influence the economic impact.
Table of contents
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Executive summary
- Health over economics
- China will lead economic downgrades
- Shock hits key economies at weak point
- Policy support in 'wait and see' mode
- Rethinking the world order?
Tables and charts
This report includes 5 images and tables including:
- China's leading indicators plummet
- Travel halted in China
- Economies at risk (excluding China)
- Zero-bound revisited
- Highly indebted EU economies will struggle to stimulate
What's included
This report contains:
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