Economics
Ten Ways Covid-19 Has Changed the World Economy Forever
Legacies of Covid-19 will shape how we work, spend, travel and more for years to come. Here’s how.
Source: Bloomberg
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Economic shocks like the coronavirus pandemic of 2020 only arrive once every few generations, and they bring about permanent and far-reaching change.
Measured by output, the world economy is well on the way to recovery from a slump the likes of which barely any of its 7.7 billion people have seen in their lifetimes. Vaccines should accelerate the rebound in 2021. But other legacies of Covid-19 will shape global growth for years to come.