Washington, Jun 8 (EFE) .- The world economy will grow 5.6% this year, above the 4% forecast in January, although it will do so unevenly with a strong rebound in the US and China in full recovery after the crisis unleashed by the pandemic in the face of a weak expansion in emerging markets, the World Bank (WB) said on Tuesday.
“Although we welcome the signs of global recovery, the pandemic continues to impose poverty and inequality on people in developing countries around the world,” said David Malpass, president of the World Bank, when presenting the new semi-annual report on economic perspectives. .
About 90% of advanced economies are expected to return to their per capita income in 2022, while only a third of emerging markets will do so next year, largely due to unequal global access to vaccines, the main body warned. world development.
The US economy will register a 6.8% expansion this year, after contracting 3.5% last year; China will do so by 8.5%, after slowing down to 2.3% in 2020; and the euro zone will grow by 4.2% this year, compared to the slowdown of 6.6% in the previous year.
In the case of Latin America, the World Bank foresees a 5.2% rebound this year, above the 3.2% forecasts estimated six months ago, although it qualifies that it will depend on “moderate progress in vaccination, the relaxation of restriction measures and an increase in the prices of raw materials ”, among other factors.
The two large regional economies will show solid expansions: Brazil will grow 4.5% this year, thanks to a new round of direct payments; while Mexico will do so by 5%, driven by the expected boom in US demand in the manufacturing and services sector. EFE (I)
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