Great lockdown

Great lockdown

The IMF Predicts No One Will Be Saved In The “Great Lockdown”

The IMF points to a recessionary situation in both developed and emerging countries, during the “Great Lockdown”, as it has named the current crisis. This did not occur in 2009 Great Recession as the emerging countries then acted as a lifeline by growing by 2.82%. Also, the international organization projects that per capita growth will contract in more than 170 countries.