With the vaccine rollout currently underway, a palpable sense of optimism is growing this winter in anticipation of the much-awaited ‘return to normal.’ However, as evidenced by Main Street’s continued struggles in the wake of additional lockdown and social-distancing measures, there is still damage being done to the underlying economy. So, where do we go from here? The Organization for Economic Co-operation and Development (OECD) projects that after a -4.2% drop in 2020, the global economy will reach pre-pandemic levels in 2021 – however the recovery will not be experienced equally. In partnership with our friends at www.visualcapitalist.com we hope you enjoy the attached infographic, displaying the projected recovery in GDP growth as the world seeks to recover from COVID-19.
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