Macroeconomics

31 Mar 2021  |  Global

Global Economic Recovery in Post-Pandemic 2021

5.3% Global Growth Expected for 2021, with China and India to See Growth of 8% or More

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Key Issues Addressed

2020 was, without a doubt, an extremely turbulent year for the global economy, with lockdowns, sharp trade contraction, accelerated job losses, and supply-chain disruptions. Recovery started picking up towards the second half of the year with the easing of COVID-19 restrictions. The global economy nonetheless experienced a very deep 2020 recession....

COVID-19 has crippled the global supply chain and forced most countries to take preventative measures by closing down their economies. While the pandemic has shown no signs of slowing down globally, cities, states, and countries are slowly emerging from lock downs and are stumbling into the new reality. Global economies are currently in a recession...

Women are the major providers of healthcare worldwide, in both the informal and formal healthcare sectors. Yet they struggle to meet their own healthcare needs. Gender inequality in social, environmental, and biological terms has made access to healthcare for women a challenge, exposing them to health risks. According to a study done by AIIMS and H...

Cloud computing is predicted to be the main IT trend in the upcoming years and will have a huge impact on world economy. A wide range of organizations—from small start-ups to global corporations, and from government agencies to non-profit organizations—have begun using cloud computing applications. Besides Microsoft, the main contributor behi...

The global economy witnessed a lot of turbulence in 2019, with intensified trade wars and Brexit delays influencing the growth story tremendously. Should businesses expect more volatility in 2020 or are global economic prospects looking up? This 2020 Global Economic Outlook research has been designed to answer this question and more by providing in...

Small and medium enterprises (SMEs) in India generate 11% of country’s gross domestic product (GDP) and 45% of the entire manufacturing output, creating more than 100 million employment opportunities in the process. These SMEs not only act as key support units for large firms, but also help in expanding industry coverage in rural areas, strengthe...

Medical tourism is a booming industry that allows foreign patients to cross international borders to avail necessary medical treatment. Rising healthcare costs, inadequate healthcare facilities, increase in accessibility of better healthcare services and increasing awareness of one’s personal health are factors which are driving the growth of thi...

The Government of India (GoI) has promoted a favorable business environment and enhanced the overall ecosystem to position healthcare as one of the largest industries both in terms of revenue and employment. The industry is projected to reach US$ 372 billion by 2022. This growth is a result of the strengthening of healthcare coverage, related servi...

The year 2017 will be the sixth year of global stagnation and the global economic outlook indicates a slow-growing global economy, ranging from 3.0% to 3.4% Gross Domestic Product (GDP) growth. Global economic growth and business confidence have had a mixed impact thus far. The world has entered a period of greater geopolitical uncertainty. Geopoli...