Analyses & Studies

Euler Hermes: Race to the Post COVID-19 Recovery

7 obstacles to overcome towards a post-covid world

The global recovery is on the right track albeit conditional on key differentiating elements across countries. 

Global GDP is expected to rebound by +5.1% in 2021, with one fourth of the recovery being driven by the US, while China should contribute less to growth by progressively adopting a less accommodative economic policy.

In 2022, world GDP growth should reach +4.0%. Europe should recover its Covid-19 losses only at this horizon against H2 2021 for the US. The race to recovery will hinge on seven key obstacles.

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About Euler Hermes

Endorsed by Allianz, Euler Hermes is the world’s leading provider of trade credit insurance and other related financial services.

Euler Hermes' expert analysts use technology-driven processes to generate insights and present actionable information to businesses of all sizes and in all sectors.

 

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