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.
Intermoney | This week we will see the publication of the first chapters of the IMF’s six-monthly report on Global Economic Perspectives, which should be more favourable than on previous occasions. The synchronisation and the strength of global growth is a reality and the data over the coming months won’t call this into question.
The January update of the IMF’s “World Economic Outlook”, published in October, confirms that Spain will recover this year all the GDP growth lost during the economic crisis, exceeding in 2017 for the first time the volume of growth in 2008.