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The Times

While rich countries experience a post-COVID boom, the poor are getting poorer. Here's how Australia can help

  • Written by Amrita Malhi, Visiting Fellow, Coral Bell School of Asia Pacific Affairs; Senior Adviser Geoeconomics, Save the Children, Australian National University

The latest IMF and World Bank reports show a global economic boom gathering steam. This is thanks to US$16 trillion in fiscal stimulus packages spent mostly across the world’s rich nations since the pandemic began.

After the reversal of 2020, the global economy is now projected to grow by 6% in 2021, powered by strong growth in the US and...

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