Address all key aspects of the activity:

a. Summarize global growth scenario 2020 and 2022

b. Identify key events that have contributed to global growth scenario.

c. Explain macroeconomic actions countries have taken in response

Resources:

World Economic Outlook Update Jan 2020

World Economic Outlook Update July 2022

Other credible sources

Global growth had been revised downwards for 2019-2020 and for 2021-2022. Peruse through Jan 2020 Economic Outlook Update and the July 2022 Economic Outlook Update and do the following:

i) compute a paragraph each explaining global growth scenario for 2020 and 2022

ii) For each Economic Outlook: a) Cite three key events that have impacted global growth potential. b) Discuss three actions major countries have taken and are taking in response