Bloomberg names leading countries of post-pandemic world

The world will quickly recover from the crisis caused by the coronavirus pandemic in 2021, but some countries may be lagging behind the trend, Report informs referring to Bloomberg.

The agency lists US and China as the leaders of the ‘post-pandemic’ world. Washington will drive the recovery with trillions of dollars in fiscal stimulus spending. Beijing’s success is due to its effective fight against the pandemic domestically.

The growth of the world economy will be at a record level since the 1960s and will amount to 6.9 percent. However, this rate of recovery won’t be expected in all countries due to different rates of vaccination and drug availability. Developing countries and the EU, primarily France and Italy, will be among the laggards, the agency’s experts say.

"Vaccines are not yet available to everyone and everywhere. Too many people continue to face the loss of jobs and the growth of poverty," Head of the IMF Kristalina Georgieva said.

Experts expect that some countries will need several years to return to the pre-pandemic level. The countries that focus on tourism in the economy will be especially hard hit by the pandemic.