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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

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

Little scope for much-needed rise in budget spending

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INT

High demands on increasingly strained public budgets are fuelling fiscal sustainability fears and bond market sell-offs

Midterms will dominate US 2018 congressional politics

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UNITED STATES

The midterm elections will see Republicans’ structural advantage compete with Democrats’ lead in generic polling

COVID-19 spread halts developing nations' GDP catch-up

Location:

INTERNATIONAL

Amid fears of another COVID-19 wave in high-income nations, developing nations are struggling to control the first wave

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