The IMF is right: global economic recovery from Covid could go wrong
Better-off countries should be concerned by the north-south divide caused by the pandemicFailure to help poor countries ‘could cost global economy $4.5tn’Given the ebbs and flows of the Covid-19 pandemic, the International Monetary Fund’s assessment of the state of the global economy has changed little over the past three months. Back in April the IMF said world growth would be a chunky 6% this year and it has left that forecast unchanged.Beneath the surface, though, plenty has
Read more »