Experts explain: Where will future growth come from?
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This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Kate Whiting, Senior Writer, Formative Content
The latest Agenda Dialogue brought together global leaders in finance and politics to discuss how to generate economic growth to build future markets.
The session was part of the World Economic Forum’s Jobs Reset Summit.
From the need to contain the pandemic, to embracing diversity and growing the green economy, here are some of the key quotes from the session.
How will emerging and advanced economies be able to generate the economic growth they need to recover from the pandemic, while also growing sustainably and equitably?
SOURCE / ECONOMY
Effective containment measures have facilitated a strong recovery in China amid COVID-19: IMF By Global Times Published: Jan 27, 2021 01:21 AM
World Economic Outlook Growth Projections (Jan 2021) Infographic: GT
The IMF projects China s economy will grow 8.1 percent in 2021 and 5.6 percent in 2022. The global growth is expected to be 5.5 percent in 2021 and 4.2 percent in 2022 after an estimated 3.5 percent contraction in 2020, according to the latest World Economic Outlook (WEO) released on Tuesday.
The projection on global growth was revised up 0.3 percentage point from the forecast in October 2020. IMF s chief economist attributed the rise in the latest forecast to expectations of a vaccine-powered strengthening of activity and additional policy support in a few large economies.
Argentina is issuing updates here on government measures taken against the coronavirus.
March 10: The government created a ARS1.7 billion ($26 million) fund to buy equipment and medical supplies to combat coronavirus.
March 17: The government announced it was increasing funding to its meal programs to secure food and income for the most vulnerable during the pandemic.
March 17: The government announced that it would be excepting companies from payroll taxes and reinforcing unemployment insurance.
March 20: The government set price control on a basket of basic food items to avoid speculative pricing during the pandemic.
March 23: The government created an emergency family income program. Unemployed individuals would receive ARS10,000 ($151) during the month of April.
Argentina is issuing updates here on government measures taken against the coronavirus.
March 10: The government created a ARS1.7 billion ($26 million) fund to buy equipment and medical supplies to combat coronavirus.
March 17: The government announced it was increasing funding to its meal programs to secure food and income for the most vulnerable during the pandemic.
March 17: The government announced that it would be excepting companies from payroll taxes and reinforcing unemployment insurance.
March 20: The government set price control on a basket of basic food items to avoid speculative pricing during the pandemic.
March 23: The government created an emergency family income program. Unemployed individuals would receive ARS10,000 ($151) during the month of April.
FACTBOX 12/14/20: Latin America moves to mitigate impact of COVID-19 latinfinance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latinfinance.com Daily Mail and Mail on Sunday newspapers.