Daily Update: May 17, 2021


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The unevenness of vaccine rollouts worldwide and application of coronavirus containment measures is resulting in an equally as uneven economic recovery. Nowhere is this more evident than in emerging market economies. 

The health of the global economy is predicated on the health of the global population. Optimistic outlooks have anticipated a strong economic rebound worldwide in the second quarter or later this year. But these outlooks are closely connected to both an efficacious COVID-19 vaccine deployment and collective control over the spread of new variants. Current vaccination efforts and levels of activity vary too greatly across regions. 

Because emerging market economies are suffering the worst of the latest waves of infections, despite intermittent lockdowns, such countries…

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