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BIS: Annual Economic Report 2020

Date 30/06/2020

The past year has felt like an eternity. It is probably too early to tell, but future economic historians might consider the Covid-19 pandemic a defining moment of the 21st century. When, just over a decade ago, the Great Financial Crisis (GFC) hit the global economy, it was rightly considered such a moment. The pandemic’s legacy could be even deeper and longer-lasting.

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