The Limited Times

Now you can see non-English news...

The Davos economic report included Argentina among the countries with the worst figures due to the coronavirus

2021-01-24T23:16:29.829Z


The graphs analyze the fiscal response in percentage of GDP against the covid. Alberto Fernández will be one of the exhibitors.


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

Source: clarin

All news articles on 2021-01-24

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.