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Russia Economic Report : Russia’s Economic Recovery Gathers Pace – Special Focus on Cost-Effective Safety Nets (英语)

The COVID-19 pandemic continues to disrupt activity across the world, casting wide uncertainty around GDP projections. Despite the protracted and uncertain nature of the pandemic, global GDP growth is forecast to recover to 4 percent in 2021 and to moderate to 3.8 percent in 2022 under baseline assumptions established in January 2021. The baseline recovery, however, is not sufficient to return global output to pre-pandemic projections by 2022, with...
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