Nations need to be serious in reviving the worldwide economy in the year 2021. Economies globally are recuperating and coping with the COVID pandemic. Experts predict that this may be a slow and long healing process that may trigger hard times for many.
The vaccine for Covid-19 is already available but it’s there will be a delay in its distribution. We already see this as a problem. This delay may cause the rise in new cases in many nations. This will in effect cause more nations to put in place stricter restrictions. This aims to cut the spread of the virus thus causing weaker economic activity.
We see hope with the vaccine for COVID 19. But the vaccine would likely show positive effects on the last half of 2021. If all mankind in the planet will have access to the vaccine, then this will give way to economic growth once again.
But while we don’t have access to the vaccines we are still uncertain.