Global Economic Outlook: Coronavirus
Jyske Bank’s economists have tried to calculate the
consequences of the corona crisis: ‘We will (perhaps) escape more reasonably from this than during the financial crisis’.
The Global Economy: Prospects for a deeper recession than during the financial crisis in the first two quarters of the year.
The world economy has been hit by a massive shock associated with the outbreak of the coronavirus and the shutdown of society in many countries. There is no doubt that the world economy is heading into a global recession and unfortunately it seems to be grave.
However, Chief Analyst Kim Fæster's assessment is that the corona crisis will be over sooner than it was during the financial crisis.