For These Two Countries, the Strategic Calculus in the Indian Ocean Region Remains Unchanged
April 28, 2020 - by Daniel Darling
Back on April 14, the International Monetary Fund announced the expected when it noted that the global economy is in a tailspin as entire economies are brought to a standstill due to the novel coronavirus (COVID-19) pandemic.
The IMF expects the world economy to contract by 3 percent in 2020, a severe shock when compared to the 0.1 percent reduction in the worst year of the last global downturn, 2009.
Advanced economies such as those in the European Union, Canada, Japan, the United Kingdom and the United States are set to experience outright contractions, while emerging ones such as China and India are expected to see weak growth.
https://dsm.forecastinternational.com/wordpress/2020/04/28/for-these-two-countries-the-strategic-calculus-in-the-indian-ocean-region-remains-unchanged/
