1、World Economic Situationand Prospects as of mid-2021United NationsNew York2021#page#World Economic Situationand Prospects as of mid-2021SummaryGlobal growth prospects have improved against the backdrop of rapid vaccination roloutsin afew large economies.Following asharp contraction of3.6 per cent in
2、 2020 the globaeconomy is now projected to expand by 54 per cent in 2021.While the word economyis treading towards a recovery the pandemic is far from over for a majority of countries.Daily new infections were higher in Apri 2021 than the number of new infections reporteddaily during the peak of the
3、 pandemic in December 2020.The stark disparity in vaccinationaibely pue uaAaun ue Jo sl snouas e sasod suobal pue salnunos uaamaq abelaAorecovery of the world economy. Timely and universal access to COVID-19 vaccinations willremain a key toolfor beating the pandemicand putting the world economy on t
4、he path ofanindusive and resilientrecoveryRobust growth in theUnitedStatesand China has improved prospectsforaglobalrecoverybut this will unlikely be sufficient to lift the rest of the worlds economies. The economicoutlook for the countries in South Asia, Sub-Saharan Africa and Latin America and the
5、Caribbean remains fragile and uncertain. With the risks of a prolonged pandemic andinsufficient fiscal space to stimulate demand the worlds most vunerable Countries areonly projected to return to prepandemic levels in 2022 or 2023.caregivers and essential service providers-have been at the forefront
6、 of the fight againstthe pandemicJob and income losses have been higher for women as more women thanmen left the workforce to meet family demands. Womens health and reproductive healthsuffered massive blows. unintended pregnancies increased. mothehood was delayedxulenba Japuab splemo ssaboid uluuuap