Following the devastating health and economic crisis caused by the COVID-19 pandemic, the global economy appears to be emerging from one of the largest recessions it has experienced and to begin a slow recovery process. Beyond the short-term economic outlook, this edition of the World Bank report Global economic outlook for 2021 highlights that decision-makers face formidable challenges in health, debt management, budgetary policies, etc., trying to ensure that this still fragile global recovery will gain momentum and provide a basis for robust growth long-term.
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