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Global economics intelligence : executive summary, december 2020

Recurso electrónico / Electronic resource
Section: Electronic documents
Title: Global economics intelligence : executive summary, december 2020 / Alan FitzGerald, Krzysztof Kwiatkowski, Sven SmitAuthor: FitzGerald, Alan
Publication: New York : McKinsey & Company, 2021Physical description: 7 p.Series: (Strategy & Corporate Finance Practice)Notes: Sumario: The world economy and the global COVID 19 pandemic seem to be following parallel paths of resurgence. The economic recovery has been remarkably rapid. To take one comparative measure, American industrial production has returned to within five points of precrisis highs in ten months, a mark not reached for five years during the financial crisis that began in 2007 08. During that earlier crisis, furthermore, world trade recovered after two years; in the present crisis, trade recovery was reached in September, after only nine months. Since September, trade has further accelerated, led by exports from China. These grew by leaps and bounds over the past three months, with increases over 2019 levels of 9.9% in September, 11.4% in October, and 21.1% in November. The trade expansion has come so fast that for a time growth was delayed by a shortage of shipping containers in Chinese ports.Materia / lugar / evento: COVID-19 Pandemias Recuperación económica Perspectivas económicas Coyuntura económica Crisis económica Estados Unidos Europa Otros autores: Kwiatkowski, Krzysztof
Smit, Sven
McKinsey & Company
Secondary series: Strategy & Corporate Finance Practice Other categories: 921