World economy in 2021: here's who will win and who will lose
- Written by Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City, University of London
What lies ahead. ShutterstockThe coronavirus has crippled the world economy. Global GDP suffered its sharpest drop since the end of the second world war in 2020, millions were unemployed or furloughed, and governments pumped trillions of dollars into their economies to prevent greater damage.
Nevertheless, a 2021 recovery is very uncertain....