01/24/2021 19:47
Clarín.com
Politics
Updated 01/24/2021 8:12 PM
Alberto Fernández will be one of the exhibitors at the
Davos World Economic Forum,
which will take place virtually between January 25 and 29.
On the eve of the forum, a study was released that analyzes the impact of the covid on world economies (fiscal stimulus, expected growth) and how Argentina is among the countries with the worst consequences.
The truth is that Davos will take place in the midst of a world economy shaken by one of its worst crises in history, including factors such as
high unemployment rates, inequality, health and climate tragedies.
In this context, the report places Argentina with poor economic results against the covid, taking into account, for example,
the fiscal response in percentage of Gross Domestic Product against the pandemic and the growth expected for 2020.
Among the published graphs, it is observed that Argentina is the fifth country with the least fiscal stimulus (in percentage of GDP, not absolute), ahead of Mexico, Saudi Arabia, China and Russia.
A parameter of 16 countries was taken for this analysis.
Likewise, in the same table, Argentina has in percentage negative results
the largest contraction in growth expected for 2020.
In this line are also economies such as Italy, France, India and Mexico.
News in development