The global economy has long been cleaved by profound disparities in wealth, education and access to vital elements like clean water, electricity and the internet. But after contracting 4.2% this year, the global economy appears set to expand by 5.2% next year, according to Oxford Economics. The variables now confronting the global economy are especially enormous. Many poor countries could be left waiting until 2024 to fully vaccinate their populations. But some argue that the ravages of the pandemic in poor countries, largely unchecked by vaccines, could limit economic fortunes globally.

Source: bd News24 December 26, 2020 06:45 UTC