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Demography and past austerity raise the COVID-19 risks

Location:

INT

COVID-19 particularly threatens the elderly; ageing populations and years of post-crisis austerity leave nations at risk

Demographic trends will shape economic prospects

Location:

INT

Transforming the world economy by 2040, working-age population growth will come almost entirely from lower-income states

Global tensions will spur value chains rethink

Location:

INT

Firms are rethinking their strategies on global value chains, which may change markedly in years to come

Many middle-income states face a fragile recovery

Location:

INT

The G20 summit pledged vaccine equity to help low-and-middle-income nations, but not broader economic commitments

Trump agenda rests on taming fractious House politics

Location:

UNITED STATES

The president threatened to run primary election challengers against Republicans who fail to back compromise legislation

Emerging markets growing old faster than growing rich

Location:

INT

Emerging markets are ageing at lower incomes than advanced markets, a policy challenge that will influence GDP prospects

The emerging markets recovery will be fragile

Location:

INT

Economic disruption has lasted longer for EMDCs than for advanced economies and China; this will hinder their prospects

Deaths of despair could hinder the economic recovery

Location:

INT

Social isolation and economic uncertainties arising from COVID-19 lockdowns could prompt many more deaths of despair