The world economy on a tightrope
- Michael Hanson
- Jun 26, 2020
- 1 min read
Source: OECD
Original Date Posted: 6/24/2020
"The global outlook is highly uncertain
The COVID-19 pandemic is a global health crisis without precedent in living memory. It has triggered the most severe economic recession in nearly a century and is causing enormous damage to people’s health, jobs and well-being.
The Outlook focuses on two equally probable scenarios – one in which a second wave of infections, with renewed lock-downs, hits before the end of 2020, and one in which another major outbreak is avoided."



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