The International Monetary Fund Organization released the "World Economic Outlook Report". It is expected that the economy will realize a local recovery in 2021
00:56, April 17, 2020 Source: "China Social Sciences", April 17, 2020, No. 1909 Author: Zhang Junrong/Compilation
Comprehensive foreign media reports April 14,International Monetary Fund Organization released the latest issue of the "World Economic Outlook Report",The global economy in 2020 is expected to shrink sharply by 3%,It is likely to experience the worst economic recession since the Great Depression in the 1930s。but but,It is expected that the economy will realize a local recovery in 2021。But the prediction is affected by the epidemic、Macroeconomic impact,There is still considerable uncertainty。
Report mentioned,The epidemic of new crown pneumonia makes the forecast of global economic growth facing uncertainty。Economic development depends on the factors of interaction,These factors include: the epidemic trend、The strength and effect of prevention and control measures、The degree of supply interruption、The impact of the rising tightening of the global financial market、The change of the expenditure mode、Character changes、Faith effect, etc.。
Report thinks,In the process of dealing with this crisis,Public health policy and economic policy played an important role。Isolation、Measures such as blocking and maintaining social distance can slow the spread of virus,The needs of health services that are conducive to the surge in the medical and health system,and Bet365 lotto review develop treatment methods and vaccine for researchers。Increasing medical and health expenditure is important for ensuring that the medical and health system has sufficient ability and resources。
Report mentioned,Current,It should be increased by increasing medical expenditure,Enhance the ability of the medical department,To control the impact of the epidemic。Relevant economic policies should be implemented,Relieve economic shrinkage against individuals、impact of enterprises and financial systems,Remove the continuous trauma effect caused by the decline in economic decline,Make sure the epidemic is fading,Economy can quickly start recovering。
Report Profile,Comprehensive stimulus measures and liquidity support for the systemic pressure bet365 live casino games of the financial system,Can be effectively impacted,Enhanced expectations for the final economic recovery,to improve confidence,Prevent more serious shrinkage in demand。Policy makers need to take a large scale、Targeted finance、Currency and financial market measures,Support for the affected family and enterprises。Comprehensive fiscal stimulation can prevent confidence from falling sharply,At the same time, increase the total demand,and avoid the economic recession from falling into severe recession。Current,Many emerging market countries and developing economies have begun to provide or announced that they will provide strong financial support to the sectors and workers that have been seriously affected。Many developed economies affected by the epidemic bet365 live casino games have taken fast、Large -scale financial response actions,As Australia、France、Germany、Italy、Japan、Spain、UK and the United States。
Report believes,Powerful multilateral cooperation is important to overcome the impact of the epidemic,The international community should help countries facing dual impact of health and financing overcome funding constraints,Provide assistance to countries with weak medical systems。The international community needs to increase funding assistance to many emerging market countries and developing economies.。Measures such as improving global public health infrastructure and signing an agreement with unlimited restrictions on trade trade in basic supply,It is conducive to enhancing the security of public health and global economy。(Zhang Junrong/Compilation)
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