Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than anticipated, and the recovery is projected to be more gradual than previously forecast.

Global investment sentiment waned amid the sharp economic downturn triggered by the coronavirus disease (COVID-19). The governments and central banks of many economies launched fiscal stimulus packages and eased monetary policies to mitigate the economic impact of COVID-19.

Global flows of foreign direct investment (FDI) will be under severe pressure this year as a result of the COVID-19 pandemic.

The rapid expansion of access to digital payments has made it possible for consumers to conveniently make purchases for goods and services from merchants around the world. The current COVID-19 public health crisis will only accelerate digital trade and cross-border e-commerce as physical commerce contracts and digital commerce expands.

This publication provides updated economic forecasts for Asia and the Pacific, taking into consideration the impact of coronavirus disease (COVID-19). Developing Asia is now projected to grow by only 0.1% in 2020, which would be the lowest regional growth outcome since 1961. Contraction is expected in all subregions except in East Asia.

The coronavirus (COVID-19) pandemic is dealing a severe blow to the global economy. Measures needed to protect public health have undercut an already fragile global economy, causing deep recessions in advanced economies and emerging market and developing economies (EMDEs) alike.

While the number of confirmed COVID-19 cases in East Africa so far is relatively low compared to other regions, disruption in supply chains is already affecting the trade and flow of commodities. Despite the comfortable stock of cereals in the global market, most countries in East Africa are food deficit and thus likely to face challenges.

Estimates presented here were generated using data collected during household visits between 1 January 2020 and 30 April 2020. This volume contains statistical profiles of 28 states and union territories.

This briefing is the outcome of consultations with leading chief economists from both the public and private sectors and leaders from the Stewardship Board of the World Economic Forum’s Platform for Shaping the Future of the New Economy and Society.

This study provides primary research on the economic cost and impact of violent extremism by looking at the economic cost of violent extremism focusing on 18 African countries.

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