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Is the world economy in jeopardy, striving to stay afloat?

Mount Equity Group Tokyo Japan > News > Markets > Is the world economy in jeopardy, striving to stay afloat?

By Dr Jagdish Chandra Rout

Economists and experts in money matters have been opining that all’s not well with the economic scenario globally. Notwithstanding that, it is also reportedly believed and optimistically projected that the global economy is able to keep itself manageable and workable even though at a snail’s pace initially and consequently be alive as a mythic phoenix resurrecting from its dead ashes.

The whole world plunged into the gargantuan grip of the unprecedentedly catastrophic pandemic called COVID-19 in the last quarter of 2019 and lashed out a global lockdown followed by strictest restrictions like social distancing and work-from-home mode imposed or a massive laying-off of the workforce along with production, export, and import business activities screeching to a grinding halt.

When the worldwide sordid state of affairs started inhaling a fresh lease of oxygen and was limping back to normalcy following…

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