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World Bank Chief Economist: Post COVID Recovery Could Take Five Years

Video Credit: Wochit News - Duration: 00:32s - Published
World Bank Chief Economist: Post COVID Recovery Could Take Five Years

World Bank Chief Economist: Post COVID Recovery Could Take Five Years

World Bank's chief economist, Carmen Reinhart, expects full global economic recovery to take as long as 5 years.

At a virtual conference hosted by El Pais said "everything depends" on when a vaccine gets approved and how long it would take for global access.

Reinhart pointed out that the pandemic-caused recession will be more prominent.

She also said it would last longer in some countries than in others.


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Carmen Reinhart Carmen Reinhart American economist


World Bank World Bank International financial institution

'Vaccine trials are being expedited,' says Harsh Vardhan at World Bank Annual Meetings [Video]

'Vaccine trials are being expedited,' says Harsh Vardhan at World Bank Annual Meetings

Health Minister Dr Harsh Vardhan at World Bank Annual Meetings Virtual Event said the private companies with research institutes are expediting trials of vaccine candidates. "To address present and future challenges, public health research agenda for COVID-19 has been escalated to advance the development of an affordable vaccine as well as ensure its equal distribution. Our private companies in partnership with foreign and domestic research institutes are expediting trials of their vaccine candidates. We also plan to leverage an integrated IT platform for managing vaccine distribution," said Dr Harsh Vardhan.

Credit: ANI    Duration: 02:10Published
STARS project to be implemented in 6 states to improve school education: Javadekar [Video]

STARS project to be implemented in 6 states to improve school education: Javadekar

The Information and Broadcasting Minister, Prakash Javadekar announced implementation of World Bank supported STARS (Strengthening Teaching-Learning and Results for States Program) project in 6 states in a bid to improve the quality of education. "STARS project would be implemented as a new Centrally Sponsored Scheme, it covers 6 states namely Himachal Pradesh, Rajasthan, Maharashtra, Madhya Pradesh, Kerala and Odisha," said Union Minister Prakash Javadekar Cabinet briefing. World Bank-supported scheme worth Rs 3,700 crore aims to improve the quality of school education. The project is supported by World Bank with amount of 3700 crore.

Credit: ANI    Duration: 01:35Published

El País El País Spanish newspaper

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BurAnn Borrow to fight economic impact of pandemic, says World Bank’s chief economist https://t.co/cGV5RxYl3P 18 hours ago

HelenPa92387331

Helen Patterson @Dunny_Ben_88 @BottlerRhett @Chip_Prospect @sallymcmanus Trickle down economics is fundamentally wrong according to… https://t.co/nFAQUCPBRS 1 day ago

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Tanveer RT @Bit_2_close: @PiyushGoyal @narendramodi “The situation is much worse in India than we have ever seen before, It is an exceptional situa… 1 day ago

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RewCie 🇮🇳 RT @TheXQuant: “The situation is much worse in India than we have ever seen before,” Hans Timmer, World Bank Chief Economist for South Asia… 2 days ago

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Mr. Isolated ⚪🔴⚪ “The situation is much worse in India than we have ever seen before,” Hans Timmer, World Bank Chief Economist for S… https://t.co/o81Z1KO9CQ 2 days ago

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Distant Socialising @kaushikcbasu Professor of Economics. Ex Chief Economist at the World Bank. And yet, regularly indulges in innuendo. Shame! 2 days ago

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A Reader Ms Reinhart, who became chief economist at the World Bank this year, told the Financial Times in an interview that… https://t.co/ao5AOyzmbq 2 days ago

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Smarajit Basu RT @vasuvenugo: World Bank..sharply revised its June forecast of 3.2% contraction of the Indian GDP to 9.6% for 2020-21..“The situation is… 2 days ago


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