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Global Economy Will Shrink 1 Percent
US financial giant Goldman Sachs explained that with the Covid-19 outbreak, the global real gross domestic product is expected to shrink 1 percent this year
Yazar: Zack Smith
Yayınlanma: 23 Mart 2020 19:24
Güncellenme: 14 Kasım 2024 10:11
Global Economy Will Shrink 1 Percent
US financial giant Goldman Sachs explained that with the Covid-19 outbreak, the global real gross domestic product is expected to shrink 1 percent this year, with a sharper economic decline compared to the year following the 2008 global financial crisis. Governments around the world are announcing economic packages for the coronavirus that threaten to trigger economic contraction. Goldman Sachs envisages the "very sharp" contraction of real GDP in developed economies in the second quarter, including a 24 percent drop in the US post's growth of two and a half times the previous post-war record. Goldman Sachs also stated that the reactions to the coronavirus will have unprecedented economic effects.İLGİLİ HABERLER
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