COVID19: World trade will recover quicker than 2008 financial crisis – report

22-1-2021 Financial Mirror FinancialMirror Cool

COVID19: World trade will recover quicker than...

Trade will recover to pre-pandemic levels quicker than the recovery after the financial crisis of 2008 which lasted 26 months, according to a survey of 800 senior executives involved in international trade decisions and transactions.

The study, commissioned by DP World and conducted by the Economist Intelligence Unit (EIU), found that 70% of businesses predict widespread optimism for trade bouncing back in the wake of coronavirus.

Nearly a third of those surveyed thought the recovery would be twice as fast, with trade returned to pre-pandemic...

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This article was automatically added to our system 22-1-2021

COVID19: World trade will recover quicker than 2008 financial crisis – report

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