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The global recession of 2020 was milder than expected, with global real GDP in 2020 contracting by 3.6%. Many economies are still subject to significant social distancing and restricted economic activity, however the global economic outlook has nevertheless substantially improved since the end of 2020.
The latest edition of our Global Economic Forecast report focuses on the quarterly macro changes across 8 key markets, the economic impact of different COVID-19 scenarios and what they mean for the future of the global economy.
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