Economics

World Bank Sees Strongest Rebound in 80 Years Despite Divergence

  • Global recovery could falter once policy support is withdrawn
  • Developing nation per-capita income will be slower to recover
World Bank President: Covid Left Poor Nations Further Behind
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Emerging market and developing nations will continue to struggle with the Covid-19 pandemic and its aftermath even as a few major economies spur the strongest post-recession global growth in 80 years, the World Bank said.