Posted October 25, 2021 7:59 pm by Comments

KEY TAKEAWAYS

  • High growth countries have tended to escape more severe slowdowns.
  • Richer, more developed countries have generally taken in less revenue (through lockdowns) and spent more, leading to higher deficits.
  • Many frontier markets rely on tourism as an economic driver, but there is a wide divergence between countries that are highly dependent on tourism and those less dependent. READ MORE

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