The World Economy: Economic prospects for 2020 Oscar Ugarteche, Alfredo Ocampo and Obela

The year 2019, has been one of the most complicated in a long time for a number of countries seen from several angles:  economic growth; social cohesion; international integration and political crisis. Throughout the year, the main international organizations have cut the growth forecast for most economies, as a result of factors that have been looming for a couple of years now: the deterioration in trade relations, high levels of debt, income concentration, migratory flows, racism and a drop in productive investment.

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