Notas: Sumario: Compared to the current pandemic, the global' financial crisis of 2007-08 was almost unworthy of the term. While North America and Europe struggled, many of the world's largest emerging markets avoided recession. Indeed, in 2008, more than 80% of the world's economies recorded positive economic growth. The impact of COVID-19, in contrast, has been truly global. In 2020, of the 192 countries for which the IMF produces economic forecasts, 87% are expected to have experienced recession.