Coronavirus and the global economy: The pandemic has rocked the fundamentals of the world’s economy – in some cases, that may be for good
The novel coronavirus has disrupted the global economy to an extent never seen before. The shutdowns imposed to slow its spread have sent economic output crashing, caused financial market panic and curtailed travel, leisure and social life more severely than many wars have. How long will it take for the world’s economies to return to anything close to their pre-pandemic state? The following dashboard of eight broad indicators may offer some clues.
Freight, oil prices, stock markets and borrowing costs are updated daily; eating out, air traffic and carbon emissions are updated weekly; business activity is updated monthlyBy Mark John and Matthew Weber
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