Global Growth Outlook 07/2021

U.S. Engine is Propelling Global Economy

Under Biden’s leadership, the United States has become the engine of the global economy. The massive U.S. spending package is fuelling high growth. Europe is also recovering, while the south is still grappling with the pandemic. A fifty-billion-euro global vaccination programme is needed to overcome the pandemic and avoid the risk of mutations worldwide.

Under Biden’s leadership, the United States has become the engine of the global economy. The massive U.S. spending package is fuelling high growth. Europe is also recovering, while the south is still grappling with the pandemic. A fifty-billion-euro global vaccination programme is needed to overcome the pandemic and avoid the risk of mutations worldwide.