Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/220010
Authors: 
Michelsen, Claus
Baldi, Guido
Dany-Knedlik, Geraldine
Engerer, Hella
Gebauer, Stefan
Rieth, Malte
Year of Publication: 
2020
Citation: 
[Journal:] DIW Weekly Report [ISSN:] 2568-7697 [Volume:] 10 [Year:] 2020 [Issue:] 12 [Pages:] 180-182
Abstract: 
The ongoing corona pandemic is causing a major shock to the global economy. In the coming months, many countries are expected to suffer severe economic downturns. Sealing off entire regions disrupts supply chains, resulting in production losses and falls in consumption. The global economy is expected to grow by as little as 2.5 percent this year instead of by the 3.7 percent forecasted previously. If the situation normalizes again in the course of the year, however, 3.5 percent growth will, in all likelihood, be achieved in the next year.
Subjects: 
business cycle forecast
ecoomic outlook
JEL: 
E32
E66
F01
Persistent Identifier of the first edition: 
Document Type: 
Article

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