COVID-19 The Road to Economic Recovery - Thematic Research

COVID-19 The Road to Economic Recovery - Thematic Research

Summary

The COVID 19 Economic Recovery report is designed to provide clients with up-to-date insights on the performance of major economies. Central to the report is GlobalData’s proprietary economic recovery scorecard, which ranks the top 35 countries’ performance on the 10 most important economic indicators. The report also provides monthly updates on high frequency macroeconomic indicators such as GDP, inflation, business confidence, consumer confidence, industrial production, and equity markets. It also provides in-depth analysis of the economic performance of the world’s largest economies. The report can be used as a strategic tool to understand market dynamics, business potential and direction of operations in the economy.

According to Johns Hopkins University data, by 23 February 2021, COVID-19 had infected more than 111 million people and claimed more than 2,300,000 lives. The pandemic forced governments to impose rigid lockdowns that essentially shut down the worldwide economy for many months. With the exception of India and China, all major economies are expected to shrink this year. Unemployment levels have increased at jaw-dropping rates.

The COVID-19 recession has not been caused by a demand shock, rather, it is a policy-driven supply shock designed to save people’s lives. Consequently, the strategies-of governments and companies-that will be used in the economic recovery could be different from previous recessions.

Scope

  • Despite the substantial uncertainty regarding the economic downturn, this could well be the first recovery with a focus on sustainability. The human cost of COVID-19 extends beyond infection and into the broader economy. Companies that ignore social, environmental and governance issues could face significant customer backlash. Governments are already showing signs that sustainability-particularly green energy-will feature strongly in stimulus programs.
  • The way we live our lives has been changed permanently. However, the extent to which human life will change will be affected by two competing factors: the longevity of COVID-19’s presence and the speed with which a vaccine is developed. Most enterprises successfully transitioned to work from home; few will revert back to pre-COVID-19 practices.
Reasons to Buy
  • Up-to-date insights on the performance of major economies.
  • GlobalData’s proprietary economic recovery scorecard, which ranks the top 35 countries’ performance on the 10 most important economic indicators.
  • Updates on high frequency macroeconomic indicators such as GDP, inflation, business confidence, consumer confidence, industrial production, and equity markets.
  • In-depth analysis of the economic performance of the world’s largest economies.
  • Can be used as a strategic tool to understand market dynamics, business potential and direction of operations in the economy.


  • Economic recovery
    • Global economy forecast to grow at record speed in 2021 as vaccinations gather pace
    • GlobalData forecasts 4.9% increase in global GDP in 2021
    • Top five economic predictions for 2021
    • Asian nations top of GlobalData's COVID-19 economic recovery scorecard
      • Table COVID-19 Economic Recovery Scorecard
    • Infection rates continue to rise
    • Global distribution of new COVID-19 cases is shifting from Asia to Europe to the Americas and back to Asia to Europe
    • US leads in number of vaccinations; Gibraltar leads in vaccinations per 100 population
    • UK leads select top economies in percent of population receiving one dose of vaccine
    • There is no direct correlation between per capita GDP and vaccinations per 1,000 people
    • Global economy to revive in 2021 due to vaccine rollout
    • G7 economies forecast to witness varying GDP growth in Q1 2021
    • Global economic recovery in sync, all regions to grow in 2021
    • All major economies except China plunged into recession in 2020…
    • ...but all major economies are expected to bounce back in 2021
    • Asian nations to recover faster than their Western peers
    • China to drive global economic recovery in 2021
    • India to be fastest growing among major economies in 2021
    • Hopes of V-shaped recovery shattered for UK
    • Expenditure on stimulus packages strain government finances
    • Governments, led by the EU, are focusing on a sustainable economic recovery
    • Public debt levels are soaring but unlikely to drive countries into difficulties
    • Recovery in export demand to result in better current account balances in 2021
    • Increased use of tech in the service sector is driving growth in major economies
    • Unemployment soared in 2020 but will recover slightly in 2021
    • Ultra-low interest rates are here to stay until clear signs of economic recovery
    • Oil prices rise amid slow US output recovery
    • Many sectors now exceed January 2020 valuations; others face long-term pain
    • Equity indices show markedly different performance across sectors
    • Across regions, few employees want to return to offices full-time
  • Macroeconomic forecast
    • Latest Data - Real GDP Growth
      • Table Latest real GDP growth forecasts
    • Latest Data - Consumer Price Inflation
      • Table Latest inflation forecasts
  • Country dashboards
    • Australia
    • Austria
    • Belgium
    • Brazil
    • Canada
    • China
    • Czech Republic
    • Denmark
    • France
    • Germany
    • India
    • Indonesia
    • Ireland
    • Israel
    • Italy
    • Japan
    • Malaysia
    • Mexico
    • Netherlands
    • Norway
    • Philippines
    • Poland
    • Portugal
    • Russia
    • Saudi Arabia
    • Singapore
    • South Africa
    • South Korea
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • UAE
    • UK
    • USA
  • Methodology
    • Methodology for GlobalData's COVID-19 economic recovery scorecard
    • Examples of the analysis supporting the economic recovery scorecard
    • Economic forecasting in a COVID-19 environment
    • Methodology for consensus economic forecasts
      • Table Sample of the data produced for the United States
      • Table Sample research file
    • About GlobalData

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