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World economic outlook : the great lockdown

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      <subfield code="a">World economic outlook</subfield>
      <subfield code="b">: the great lockdown</subfield>
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      <subfield code="a">Washington, DC</subfield>
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      <subfield code="a">The COVID-19 pandemic is inflicting high and rising human costs worldwide. Protecting lives and allowing health care systems to cope have required isolation, lockdowns, and widespread closures to slow the spread of the virus. The health crisis is therefore having a severe impact on economic activity. As a result of the pandemic, the global economy is projected to contract sharply by 3 percent in 2020, much more than during the 200809 financial crisis. In a baseline scenario, which assumes that the pandemic fades in the second half of 2020 and containment efforts can be gradually unwound, the global economy is projected to grow by 5.8 percent in 2021 as economic activity normalizes, helped by policy support.</subfield>
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      <subfield code="a">Recuperación económica</subfield>
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      <subfield code="a">Finanzas internacionales</subfield>
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      <subfield code="a">Perspectivas económicas</subfield>
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      <subfield code="a">Crisis económica</subfield>
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      <subfield code="a">Pandemias</subfield>
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      <subfield code="a">International Monetary Fund</subfield>
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