International Economy Observations, Issue No.4, 2021. Prevention of Five Major Risks in the Recovery of Global Economy

  • Time:2021-05-08
  • source:CCIEE

Given that the progress of vaccination worldwide has been fastened and some countries have intensified stimulus to economy, stable recovery of economy has been enhanced as consumers regain confidence, enterprises generate more willingness for investment and world trade bounces. However, recovery of global economy faces five risks, namely differentiated growth rates, growing inflation, high debt, bubbles accumulating in capital markets and normalized long-term unemployment, with which improper dealing is likely to trigger financial crisis. 

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