Following the devastating health and economic
crisis caused by COVID-19, the global economy
appears to be emerging from one of its deepest
recessions and beginning a subdued recovery.
Beyond the short term economic outlook, this
edition of Global Economic Prospects makes clear,
policymakers face formidable challenges—in
public health, debt management, budget policies,
central banking and structural reforms—as they
try to ensure that this still-fragile global recovery
gains traction and sets a foundation for robust
growth and development in the longer run.

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