Survey on World Bank Warning Over a Global Recession

The world saw multiple events and incidents in the past few years. With a pandemic and a war shaking the world, the global economy has indeed been affected.

To specify, in 2019 and 2020, the Covid-19 pandemic brought the world to a halt. The virus soon became widespread and triggered a series of lockdowns in multiple countries for almost 2 years. This had a drastic impact on multiple countries and their economies. Many suffered financially, battling high unemployment, increasing inflation rates, fall in asset prices, etc.

However, in February 2022, the world was shaken once again by a war no one had anticipated. Russia announced and consequently carried out an invasion of its counterpart Ukraine. In fact, the war left many countries yet again profoundly affected due to their reliance on Russia’s energy and fuel. In the weeks following consequently, the prices of fuel sky-rocketed, which affected economies in the form of inflation rates, primarily.

The onset of both events led to slower economic growth in individual countries and the global economy. To specify, the president of the World Bank, David Malpass, issued a warning suggesting the possibility of a global recession. A global recession is a period of global economic slowdown or a declining period of economic growth. During this period inflation rates tend to be high, unemployment, increase in poverty, fall in the standard of living, etc. This has bought quite the public stir and panic. Thus, Real Research launched a survey on World Bank warning over a Global Recession.

Hence, hurry and answer the survey on World Bank warning over a Global Recession now on the Real Research app from June 01, 2022. After that, you will receive 12 TNC as a reward.