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Implications of Unprecedented Global Stimulus Packages
Infrastructure investments can lead to economic growth with immediate effects for all stakeholders. For example, the EU’s Next Generation Recovery Plan shows that the building and construction sector will be a major beneficiary over the next few years.
At a glance:
- Global GDP is expected to contract by 3.1 % in 2020, followed by a rebound of 4.9 % in 2021
- Direct fiscal measures of considerable size will boost infrastructure spending
- End of lockdowns in major parts of the world should drive recovery
What to expect in this 43’ video: Dr. Thorsten Krauss, Chief Investment Officer Vontobel Swiss Wealth Advisors, analyzes how fiscal stimulus can drive smart infrastructure investments. © Vontobel, recorded on June 30, 2020, 8 a.m.