According to the World Economic Update July, 2021, Expect Lopsided Recoveries

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According to the World Economic Update, the global economy is projected to grow 6.0 percent in 2021 and 4.9 percent in 2022.

The 2021 global forecast is unchanged from the April 2021 World Economic Outlook (WEO), but with offsetting revisions. Prospects for emerging market and developing economies have been marked down for 2021, especially for Emerging Asia. By contrast, the forecast for advanced economies is revised up. These revisions reflect pandemic developments and changes in policy support. 

• Access full update
• Blog post by Gita Gopinath

Today in Global Small Business: Honoring MLK

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What's affecting me, my clients, my colleagues and other global small business owners:

• Martin Luther King (MLK) – At the age of thirty-five, Martin Luther King, Jr., was the youngest man to have received the Nobel Peace Prize (1964). When notified of his selection, he announced that he would turn over the prize money of $54,123 to the furtherance of the civil rights movement.
• MLK – The facts.
• Quote of the week: “The time is always right to do what is right." – Martin Luther King
• MLK – The speech.
• MLK – The little-known incident in 1956.
• MLK – A quarter million people and a dream.
• MLK – His family, including his strong and courageous mother.