RIO DE JANEIRO, BRAZIL - The world's post-pandemic rebound from the novel coronavirus will be more difficult now than in previous recessions - and particularly for Brazilians. Nine out of ten countries are expected to weather this crisis better than Brazil, according to a survey that cross-checks the International Monetary Fund's (IMF) projections with the latest issue of the Central Bank's Focus Bulletin.
Brazilian Gross Domestic Product (GDP) is expected to collapse this year and to bounce back timidly next year, as a result of the economic impact of social isolation measures implemented to contain Covid-19 . . .