Insight Single Article - Global economy to grow 4% in 2021; Vaccine Distribution and Investments Key to Sustaining Recovery: World Bank

The global economy is expected to expand by 4% in 2021, assuming the initial distribution of COVID-19 (coronavirus) vaccines expands throughout the year. However, the recovery is likely to be moderate, unless policymakers act decisively to bring the pandemic under control and implement reforms that increase investment, according to a January 2021 edition of the World Economic Outlook by the World Bank.