Covid-19 will have a significant and lasting effect on the global economy; 2020 and 2021 will be "lost years" in terms of gdp, and the Economist Intelligence Unit expects the global economy to recover to pre-coronavirus levels only in 2022. However, this global forecast masks big disparities between countries. Some will recover quickly (e.g. China); others will take up to four years to return to pre-covid-19 gdp levels (e.g. Japan).
The global outlook comes with considerable downside risks, including dreaded secondary waves of the coronavirus and a prolonged search for an effective vaccine or treatment. This all makes for an extremely challenging operating environment.
Now, more than ever, business leaders need reliable, timely information and strong networks to support their commercial decision making.
So at this critical juncture, we invite you to join us and our panellists of economists and commentators as we discuss:
· The outlook for the global economy and regional highlights for 2021 and beyond.
· What factors will determine how well different economies will do in the recovery, and where might some opportunities lie
· The imperatives for South Africa's policy leaders; how long they have to take tough decisions and what's at stake if they don't
· The key risks beyond covid-19, how they might play out, and what they mean for the Africa region.