Are we entered Recession That Will Be Worse than 2009 Downturn? With the worldwide economic 'sudden stop,' Georgieva said the fund's estimate 'for the overall financial needs of emerging markets is $2.5 trillion.'
Will COVID-19 trigger global recession in 2020? The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should recover in 2021, the International Monetary Fund said on Monday. Poll Result