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Global Economic Outlook 2021: Europe
Report

Global Economic Outlook 2021: Europe

Uncertainty Lingers in 2021, Slow Growth Returns for the Long Term



Editorial Rating

7

Qualities

  • Analytical
  • Overview

Recommendation

Europe faces an unsettled future as it emerges from the rubble of the coronavirus. While its economies have endured the pandemic in different ways and with diverse outcomes, ambiguity will cloud the region’s and the United Kingdom’s economic prospects through the end of 2021. The Conference Board outlines its prognostications regarding consumer behavior, monetary policy, sector capacity and economic activity in this astute report.

Take-Aways

  • The euro zone and the United Kingdom are not likely to see pre-COVID levels of economic activity before the end of 2021.
  • The degree to which the coronavirus remains a viable threat will determine whether Europe’s economies suffer long-term or even permanent damage.
  • Deglobalization or increased savings could add stress to Europe’s recovery.

About the Author

The Conference Board is a nonprofit business research group that boasts more than 1,000 corporations as its members.