SDG 08: Decent Work and Economic Growth

How does the COVID recession compare?

A demonstrator wearing a face mask due to the ongoing coronavirus disease (COVID-19) outbreak, protests the shooting of Jacob Blake in Denver, Colorado, U.S., August 24, 2020.  REUTERS/Kevin Mohatt

The economic recovery from COVID-19 will depend on an available vaccine. Image: REUTERS/Kevin Mohatt

Michael J. Boskin
Professor, Stanford University
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SDG 08: Decent Work and Economic Growth

A woman walks through a mostly empty Reagan National airport as the novel coronavirus (COVID-19) pandemic continues to keep airline travel at minimal levels and the U.S. economy contracts in the first quarter at its sharpest pace since the Great Recession, in Washington, U.S. April 29, 2020.  REUTERS/Kevin Lamarque
Most economies will not return to their previous performance peaks until late 2022. Image: REUTERS/Kevin Lamarque
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SDG 08: Decent Work and Economic Growth Global Economic Imbalances Future of Economic Progress Global Health Pandemic Preparedness and Response Workforce and Employment Public Finance and Social Protection Global Risks
The Great Recession was followed by eight years of half-speed (2%) annual growth. Image: IMF
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SDG 08: Decent Work and Economic GrowthInequalityEconomic ProgressGlobal HealthPandemic Preparedness and ResponseFuture of WorkSocial ProtectionGlobal Risks
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