Global Electronics Update for Oct. 21, 2020
The International Monetary Fund (IMF) just raised its regional GDP growth forecasts for 2020 and 2021 (charts 1-3). For the world, the IMF predicts a 4.4 percent global GDP decline this year followed by a 5.2 percent expansion next year.This economic turnaround won’t be easy and is dependent on being guided by good science, political leadership and popular acceptance.For a detailed discussion of the October IMF forecast, visit www.imf.org
