Taking stock of a shocking 2020 and a much-needed 2021...
It’s certainly been a year like no other and, although there is light at the end of the tunnel, with the rollout of vaccines gaining momentum, there is still some way to go before forecasts about an economic rebound can be made with any certainty. As such, the alphabet soup of possible recoveries is notably absent from most 2021 outlooks published so far. Instead, themes include the OECD’s “Turning Hope into Reality” December 2020 Economic Outlook and UBS’s “A Year of Renewal”, with annual predictions of growth rates of between 4% and 5% for the global economy, but a wide rang...
Source: dailymaverick.co.za
