1. Some rebound
The IMF’s latest World Economic Outlook forecasts a global rebound of 6% this year and 4.4% in 2022, higher than it projected three months ago, partly thanks to the US stimulus and the vaccine rollout. But it’s worth remembering what its MD, Kristalina Georgieva, said recently: that income per person in 2022 will still be 11% lower in advanced economies and 20% down in developing countries...
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