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Global Economic Outlook Improved after Falling

Pavel V. Trunin – Head of Center for Macroeconomics and Finance of the Gaidar Institute for Economic Policy; Director of Center for Central Banks Studies of the Russian Presidential Academy of National Economy and Public Administration, Doctor of Economic Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Alexey S. Evseev – Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Farida Ya. Iskhakova – Junior Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In 2020, the coronavirus pandemic triggered the largest drop in global output since World War II. However, it turned out to be less than expected at the beginning of the pandemic. International organizations are improving global economic outlook as the vaccination of the population accelerates and new incentive measures are adopted. However, there remains a high degree of uncertainty regarding the rate of recovery.

Key words: world economy, projections for development of world economy, vaccination, pandemic.

JEL-codes: E20, F01, 010.