COVID-19 has triggered the deepest global recession in decades. While the ultimate outcome is still uncertain, the pandemic is expected to plunge most countries into recession in 2020, with per capita income contracting in the largest fraction of countries globally since 1870. The immediate policy priorities are to alleviate the human costs and attenuate the near-term economic losses. Once the crisis abates, it will be necessary to reaffirm a credible commitment to sustainable policies and undertake the reforms necessary to buttress long-term prospects. Global coordination and cooperation provide the greatest chance of achieving public health goals and enabling a robust recovery.
Join us in this webinar presentation and discussion of the World Bank's latest Global Economic Prospects report.
Ayhan Kose, Director, Prospects Group, World Bank
Franziska Ohnsorge, Manager, Development Prospects Group, World Bank
Nathan Sussman, Professor and Director, Centre for Finance and Development
Ugo Panizza, Professor and Deputy Director, Centre for Finance and Development (moderator)
Register on Zoom Read the report
Nathan Sussman’s presentation (PDF, 526 KB)
Video recording of the online discussion
This event is jointly organised by the Graduate Institute's Centre for Finance and Development (CFD), the World Bank and the Centre for Economic Policy Research (CEPR).