World insurance : the recovery gains pace
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Tag | 1 | 2 | Value |
---|---|---|---|
LDR | 00000cam a22000004b 4500 | ||
001 | MAP20210022692 | ||
003 | MAP | ||
005 | 20220713104312.0 | ||
008 | 180410s2021 che|||| ||| ||eng d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a219 | ||
245 | 1 | 0 | $aWorld insurance$b: the recovery gains pace |
260 | $aZurich$bSwiss Re Institute$c2021 | ||
490 | 0 | $aSigma$v3, 2021 | |
520 | $aThe world economy is recovering strongly from the COVID-19 crisis. The swift deployment of vaccines and large-scale fiscal stimulus, including unprecedented direct transfers to households and businesses, are fuelling a stronger economic bounceback in 2021 than we had projected last year. We forecast historically high global real gross domestic product (GDP) growth of 5.8% in 2021 after a 3.7% contraction in 2020. This reflects robust growth in the US (6.5%) and China (8.3%), driven by services consumption.1 However, uncertainty around the emergence of more transmissible COVID-19 variants and the ability of vaccines to keep the pandemic under control suggests that the recovery may be more uneven and protracted than our base- ase forecasts. Insurance demand will benefit from the growth momentum, but a firmer inflation environment is a concern. Policymaking will soon turn to fiscal consolidation, but we believe optimal policy must take a longterm view in areas such as digitisation, climate change and income inequality | ||
650 | 4 | $0MAPA20080586294$aMercado de seguros | |
650 | 4 | $0MAPA20080562342$aEstadísticas | |
650 | 4 | $0MAPA20200005599$aCOVID-19 | |
650 | 4 | $0MAPA20080575298$aCrisis económica | |
710 | 2 | $0MAPA20170013402$aSwiss Re Institute | |
830 | 0 | $0MAPA20080501587$aSigma$v3 |