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Why Stability Is Important For Economic Growth

From valuewalk.com

2020 was meant to be the year of a hard-fought Presidential campaign, and the UK departing the EU with an 11-month transition period. Early 2020 GDP projections estimated we would see a slow growth of 2.4% compared with 2019’s 2.5%, with forecasts predicting that 2020 would represent a turning point away from multiple recessions. But, less than three months in to 2020, the world was turned upside down when WHO declared Covid-19 a pandemic of epic proportions – which in five short months has caused catastrophic damage to economies across the globe. Economic stability is partly a matter of avoiding economic and ... (full story)

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