covid-19 2020 pandemic economy Analysis

Optimism over global economic recovery hits a low as May ends: Poll analysis

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The global economic growth in 2020 has been eclipsed since the COVID-19 pandemic outbreak causing fears of looming unemployment and recession in a number of countries.

Verdict has been tracking the optimism over global economic recovery through an online poll started in April and still ongoing in 22 of the network’s websites.

Respondents have answered to how much time it would take for the global economy to recover post COVID-19, from four options to choose from – less than a year, one to three years, three to five years, and more than five years.

Analysis of the poll results until the end of May shows that the optimism levels reached the lowest in two months, in the last week of May (25 to 31 May).

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