Pandemic, Recession: The Global Economy in Crisis
Box 1.1 How deep will the COVID-19 recession be? ...........13
Box 1.2 Recent developments and outlook for low-income countries (LICs)......24
Box 1.3 Scenarios of possible global growth outcomes ..........30
Box 1.4 How does informality aggravate the impact of COVID-19? ........36
Special Focus Regional Macroeconomic Implications of COVID-19 .............109
Box SF.1 The impact of COVID-19 on global value chains ......... 117
Box 3.1 How do deep recessions affect potential output in EMDEs?...... 146
Box 3.2 How do disasters affect productivity?. ......... 151
Box 4.1 Reforms after the 2014-16 oil price plunge ........... 193
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