Debt, Trade Wars, & Poor Productivity: The Post-Pandemic World

The alarm bells are sounding as record levels of government debt and global trade become threatened in the post-pandemic world.

  • We’re also likely to see weak productivity gains that may cripple the world with slow growth that could deeply impact development.
  • “Countries are now in a more fragile environment.They’ve used a lot of their fiscal resources to deal with a pandemic…Then you have policy-driven forces, geoeconomic fragmentation, trade tensions, the decoupling between the West and China,” one IMF economist says.

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