World Economic Outlook, October 2021

Download or read book World Economic Outlook, October 2021 written by INTERNATIONAL MONETARY FUND. and published by International Monetary Fund. This book was released on 2021-10-12 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global recovery continues but the momentum has weakened, hobbled by the pandemic. Fueled by the highly transmissible Delta variant, the recorded global COVID-19 death toll has risen close to 5 million and health risks abound, holding back a full return to normalcy. Pandemic outbreaks in critical links of global supply chains have resulted in longer-than-expected supply disruptions, further feeding inflation in many countries. Overall, risks to economic prospects have increased, and policy trade-offs have become more complex.