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COVID-19 vaccination programs drive global economic recovery, Business Fundamentals The COVID-19 pandemic continues to dominate global economic outlook, however, the rollout of vaccines, surge in demand for goods and services, effectiveness of government spending and green shoots of recovery in key macroeconomic indicators resulted in GlobalData revising its 2021 global growth forecast upward from 4.9% on February 15 to 6% on April 19. According to GlobalData’s proprietary COVID-19 Economic Recovery Scorecard, six out of the top ten nations are from Asia as of March 2021. Singapore was top of the recovery scorecard rank, followed by China, South Korea, Malaysia, and...
