RobertJef

Generally, East and South East Asia have been praised for their approach to handling the pandemic and getting it under control more successfully than the rest of the world. Many people put this down to their previous experience with the SARS outbreak between 2002 and 2004. However, consistent advice, swift action and stricter government intervention also played a role. Whatever the reason, experts predict that the many Asian countries who were able to return to normal more quickly will have a financial advantage over the parts of the world that were not.The fate of the economy in 2021 will also determine the long-term economic outlook. Right now, we will argue that the optimistic scenario seems more likely, but a negative reversal is also into play. Will Europe’s Next Generation EU and Biden’s economic policies succeed in stabilizing the global economy and set the world on track for a brighter and more sustainable future? Will Asian economies gain ground in trade and technological innovation and set the foundations to become the dominant forces in the global scene? https://financer.com/ To analyze the trends of 2021, we need to take a look back at the year 2020 and where we are starting from. Black swan events, such as the Coronavirus pandemic affected every country on the globe. However, that doesn’t mean we’re all starting the new financial year in the same boat. In the following graph, you can see the GDP growth and unemployment rates of the top 10 GDP countries in the world.